Dictionary

Arbitration

Definition: The hearing and determination of a case in controversy by a third party. Pronunciation:  är-bə-ˈtrā-shən Used in a Sentence:   The dispute between the two brokers was settled by arbitration.

Appreciation

Definition:  An increase in value. Pronunciation: \ə-ˌprē-shē-ˈā-shən Used in a Sentence:  The change in the market caused an appreciation in the value of the property.

Appraised Value

Definition: The estimated worth of a property established by someone qualified in valuation. Pronunciation:  \ə-ˈprāz-ed Used in a Sentence:  The appraised value of the property came in higher than expected.

Applicant

Definition: Someone who formally applies for something. Pronunciation: \ˈa-pli-kənt Used in a Sentence:   We interviewed the applicant for the job.

Appeal

Definition: A request to a recognized authority for a decision or judgement. Pronunciation: \ə-ˈpēl Used in a Sentence:   My lawyer said the court’s decision wasn’t correct and that we should file for...

Antitrust Laws

Definition: Federal and state laws designed to maintain and preserve business competition. Pronunciation: Used in a Sentence:   Antitrust laws prohibited the two companies from merging.