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Arbitration and mediation are two distinct forms of dispute resolution. In **arbitration**, a neutral third party, the arbitrator, hears arguments from both sides and makes a binding decision. It's like a private court. In **mediation**, a neutral third party, the mediator, facilitates communication between the parties to help them reach their own mutually agreeable solution. The mediator does not make a decision.

Arbitration and mediation are two distinct forms of dispute resolution. In **arbitration**, a neutral third party, the arbitrator, hears arguments from both sides and makes a binding decision. It's like a private court. In **mediation**, a neutral third party, the mediator, facilitates communication between the parties to help them reach their own mutually agreeable solution. The mediator does not make a decision.

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