What does and arbitrator do?

Mediator.

An 'arbitrator" is a neutral third party who mediates disputes between parties and tries to arrive at an equitable understanding between them. He takes the facts and circumstances of both sides (and...

An arbitrator is an outside third party who is brought in to settle a dispute, and he or she has the authority to make a decision.

Generally, the parties taking the dispute to arbitration first have an opportunity to choose their own arbitrator if they can agree on one. If they cannot, the arbitration company may give the...

Not necessarily. Any one of legal age and of sound mind and one not convicted or declared insolvent and one not specifically prohibited to act by any court order can be an arbitrator