This is the 10954th most frequent German word.
schiedsgerichtsbarkeit
"Schiedsgerichtsbarkeit" means "arbitration" or "arbitration jurisdiction," referring to resolving disputes outside regular courts through arbitral tribunals.
Schiedsgerichtsbarkeit is used here to refer to the concept of arbitration in a formal or legal context.
Die Schiedsgerichtsbarkeit ist im internationalen Handelsrecht von großer Bedeutung.
Arbitration is of great importance in international commercial law.
Schiedsgerichtsbarkeit represents a practical mechanism for resolving conflicts in a business setup.
Viele Unternehmen setzen auf Schiedsgerichtsbarkeit, um Streitigkeiten vorzubeugen.
Many companies rely on arbitration to prevent disputes.
Schiedsgerichtsbarkeit is discussed as a subject of learning in professional education settings.