| arbitration [´ar·bǝ`trā·shǝn] COMPUTER SCIENCE The set of rules in a computer's operating system for allocating the resources of the computer, such as its peripheral devices or memory, to more than one program or user. INDUSTRIAL ENGINEERING A semijudicial means of settling labor-management disputes in which both sides agree to be bound by the decision of one or more neutral persons selected by some method mutually agreed upon. |