Dictionary
ar•bit•ra•ment
Pronunciation: (är-bi'tru-munt), [key]—
n.
1. the act of arbitrating; arbitration.
2. the decision or sentence pronounced by an arbiter.
3. the power of absolute and final decision.
Also,arbitrement.Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.