arbitration

An adequate remedy is one that affords complete relief with reference to the particular matter in controversy and which is appropriate given the circumstances of the case.

To adjudicate means to make a formal judgment or decision regarding a problem or disputed matter.

See also: Adjudication.

[Last reviewed in June of 2022 by the Wex Definitions Team]

Adjudication refers to the legal process of resolving a dispute or deciding a case. When a claim is brought, courts identify the rights of the parties at that particular moment by analyzing what were, in law, the rights and wrongs of their actions when they occurred.

An adjuster is an agent who handles insurance related claims commonly commissioned by an insurance company. The adjuster participates in the investigation and settlement of the claim.

Alternative dispute resolution (“ADR”) refers to any method of resolving disputes without litigation.

A place or organization that offers alternative dispute resolution opportunities is offering alternative dispute resolution services. These services are designed to resolve conflicts between parties without the need for potentially lengthy and expensive litigation. 

An arbiter is a person that has the legal authority to decide disputes. The arbiter’s decisions are made based on the rules of law and equity.

Arbitration refers to an alternative dispute resolution method where the parties in dispute agree to have their case heard by a qualified arbitrator out of court.

An arbitrator is a neutral third party that oversees the alternative dispute resolution method of arbitration. While arbitration as a whole is governed by the Federal Arbitration Act, the requirements to become an arbitrator are determined exclusively by state law. 

An award is defined as a final judgment or decision. Generally, an award will include a declaration that one party owes another a certain amount of money. Although the term often refers to the decisions of arbitrators and jur