arbitrament

noun

ar·​bit·​ra·​ment är-ˈbi-trə-mənt 

1

archaic : the right or power of deciding

2

: the settling of a dispute by an arbiter

3

: the judgment given by an arbitrator

Word History

Etymology

Middle English arbitrement, borrowed from Anglo-French, from arbitrer "to reach a decision, pass judgment" + -ment -ment — more at arbitrage

First Known Use

14th century, in the meaning defined at sense 1

Legal Definition

arbitrament

noun

ar·​bit·​ra·​ment är-ˈbi-trə-mənt 

1

: the settling of a dispute by an arbitrator

2

: arbitrator's award