/kɔːrt əv ɑːrbɪˈtreɪʃn/ – Phrase
Definition: tòa trọng tài.
A more thorough explanation: A court of arbitration is a private tribunal established by parties to a dispute to resolve their legal disagreements outside of traditional court systems. The court of arbitration operates under agreed-upon rules and procedures, and its decisions are typically binding on the parties involved.
Example: In the dispute between the two parties, they agreed to submit their case to the Court of Arbitration for resolution.
