Skip to main content
Insurance

Mediation

Mediation is a nonbinding process that involves a neutral third party who works towards resolving a dispute between two conflicting parties. This method is commonly used in finance to prevent conflicts from escalating into costly legal battles. The mediator's role is to facilitate communication and help the parties come to a mutually acceptable resolution. This approach allows for a more amicable and efficient resolution, saving time, money, and preserving relationships.

Related terms

Appraisal

Understand the meaning and definition of Appraisal in the context of stock market, trading, and investments.

MORE
Loss ratio

Understand the meaning and definition of Loss ratio in the context of stock market, trading, and investments.

MORE
Rental value

Understand the meaning and definition of Rental value in the context of stock market, trading, and investments.

MORE
Asset-backed securities

Understand the meaning and definition of Asset-backed securities in the context of stock market, trading, and investments.

MORE
Medical payments

Understand the meaning and definition of Medical payments in the context of stock market, trading, and investments.

MORE
Annual statement

Understand the meaning and definition of Annual statement in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91