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Finance Dictionary and Glossary of Investment Terms
mediation
Definition 1.
An informal, voluntary process intended to resolve conflicts, without resorting to arbitration or litigation, by using an impartial third party.
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Definition 2.
An informal, voluntary process used in securities industry disputes in which a mediator helps negotiate a mutually-acceptable resolution between disputing parties. Unlike arbitration or litigation, mediation does not impose a solution. If the parties cannot negotiate an acceptable settlement, they may still arbitrate or litigate their dispute. (See arbitration)
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