the.com/arbitrator

A judge you hired, who both sides agreed to pretend is neutral.

means A neutral third party formally chosen to hear both sides of a dispute and make a binding decision, outside of court.

from From Latin arbiter, meaning a witness or judge called in to settle a matter — someone who 'goes to' (ad-) the scene, by one older theory, to render judgment. The arbit- root carries that sense of a chosen onlooker whose word becomes final. Arbitrator entered English in the 1300s–1400s via Old French, built on that same Latin base, to name the person who does the arbitrating.

no appeals
Binding arbitration rulings are nearly impossible to overturn.
fine print
Arbitration clauses hide in most phone and credit contracts.
private justice
No public record, no judge, no jury, no precedent.
paid by parties
Arbitrators are often chosen and paid by the companies they judge.
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