1. to act as arbiter upon (a disputed question) : to settle (a dispute between two people or groups) after hearing the arguments and opinions of both. Arbitrate. to settle or decide (a dispute); achieve a settlement between parties.To make an official decision that ends a legal disagreement between people or groups without the need for the disagreement to be solved in court. An arbitrator hears from each party but does not meet separately with each party to facilitate a suitable compromise. Arbitration Clause Defined. Arbitration clauses, also known as arbitration agreements or arbitration provisions, are alternative dispute resolutions. Arbitration, a form of alternative dispute resolution (ADR), is a technique for the resolution of disputes outside the courts. When a dispute arises that parties cannot resolve on their own, arbitration may be a helpful process for them. (B) contains less than 50 square feet of space. English, Spanish, Filipino, French.