ARBITRAMENT

arbitrament (ahr-bi-tr[schwa]-m[schwa]nt). 1. The power to decide for oneself or others; the power to decide finally and absolutely. 2. The act of deciding or settling a dispute that has been referred to arbitration. [Cases: Arbitration 48. C.J.S. Arbitration §§ 91, 95, 107.] 3. AWARD. — Also spelled (archaically) ar-bitrement.