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Glossary of Legal, Business and Financial Terms
This glossary contains definitions of common legal terms, as well as words and phrases related to business and finance. Some terms may have different meanings based on the
area of law or the context in which they are used.
Arbitrator
A person chosen by the parties in arbitration to hear evidence concerning the dispute between the parties and to make an award based on the evidence. An arbitrator must have no interest in the matter under dispute and must render his/her decision in an impartial manner based on a review of the evidence.
