Root : arbiter
means judge/ supreme ruler. Origin: Latin; ‘arbitrarius’
noun >> a person who settles a dispute or has ultimate authority in a matter.
>>> a person whose views or actions have great influence over trends in social.
Usage : The military acted as arbiter of conflicts between political groups.
noun >> the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. Usage : The arbitrage refers to oil product flows such as jet fuel and diesel mainly to Europe when prices in the East lag those in the West.
adjective >> relating to or resulting from the use of an arbitrator to settle a dispute. Usage : After a few days of tough battle,a UN committee of interlocutors came to an arbitral judgment between the junta and the rebels.
noun >> the settling of a dispute by an arbitrator.
>>> an authoritative decision made by an arbitrator.
Usage : The arbitrament for the land scam was pronounced by the Auditor General, yesterday evening.
adjective >> based on random choice or personal whim, rather than any reason or system.
>>> (of power or a ruling body) unrestrained and autocratic in the use of authority.
Usage: John’s mealtimes were entirely arbitrary. Systematic development of the society has been made impossible due to arbitrary rule by King and bishops.
verb >> (of an independent person or body) reach an authoritative judgment or settlement. Usage : The board has the power to arbitrate in disputes. The UN set up a commission to arbitrate border tensions.