/ɑːrbɪˈtreɪʃən kɔːrt/ – Phrase
Definition: tòa án trọng tài.
A more throughout explanation: An arbitration court is a legal entity or tribunal established to resolve disputes between parties through arbitration, which is a form of alternative dispute resolution where the parties agree to have their dispute heard and settled by an impartial arbitrator or panel of arbitrators, rather than through traditional litigation in a court of law. The decisions or awards issued by an arbitration court are typically binding on the parties involved and enforceable in accordance with the applicable laws and regulations governing arbitration.
Example: In the event of a dispute between the parties, they agreed to submit the matter to an arbitration court for resolution.