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Arbitražinis teismasArbitration Court
Vilnius · Lithuania · arbitration court
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Glossary

Arbitration glossary

Key terms used on the website and in arbitration documents.

Key terms

Arbitration

Resolution of a dispute by an arbitrator or arbitral tribunal based on the parties’ agreement.

Arbitration clause

A contractual provision referring future disputes to arbitration.

Seat of arbitration

The legal place of arbitration that links the proceedings to a particular jurisdiction.

Arbitral tribunal

A sole arbitrator or panel of arbitrators deciding the dispute.

Arbitral award

The decision rendered by the arbitral tribunal.

Interim measures

Temporary measures aimed at preserving assets, evidence or the status quo.

Property recovery claim

A claim related to recovery of property and confirmation of ownership or lawful possession.

Secretariat

The administrative unit supporting filing, notices and communication.