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What does arbitrating mean?

Looking for the meaning or definition of the word arbitrating? Here's what it means.

Verb
  1. present participle of arbitrate
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As for the other Churches, they have not the same power of arbitrating in national quarrels.
In general, the parties and the arbitrator should make all reasonable efforts to shorten the time needed for arbitrating a small claim.
Effective co-ordination then gradually improves performance by averting conflict, arbitrating differences and establishing priorities.
The time and cost involved in arbitrating such small claims should be commensurate with what is at stake.
The same might be said about arbitrating against the State in an arbitration organization located in that State.
The centre is responsible for arbitrating disputes between a state and a foreign investor.

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