Arbitrium
A New Law Dictionary and Glossary · Alexander M. Burrill · 1850
A New Law Dictionary and Glossary
Lat. [from arbiter, q. v.] An award; the decision of an arbitrator.
Reg. Orig. 111.
Arbitrium est judicium
An award is a judgment.
Jenk. Cent. 137.
Arbitrium est judicium boni viri, secundum aequum et bonum. An award is the judgment of a good man, according to equity and virtue.
3 Bulstr. 64.
Discretion or judgment used in making a decision. Lex non exacte definit, sed arbitrio boni viri permittit; the law does not exactly define, but leaves to the discretion of a conscientious man or judge. Grotius de Aequit. s.
3. 1 Bl. Com. 61.