/ɑːrbɪˈtreɪʃən trɪˈbjuːnəl/ – Phrase
Definition: tòa án trọng tài, cơ quan trọng tài, hội đồng trọng tài.
A more thorough explanation: An arbitration tribunal is a panel of one or more impartial individuals appointed to resolve disputes between parties through arbitration, which is a form of alternative dispute resolution outside of the court system. The tribunal’s decision, known as an arbitral award, is binding on the parties involved.
Example: The arbitration tribunal rendered its decision after carefully considering the evidence presented by both parties.