mediation
/midiˈeɪʃən/ · me·di·a·tion
noun
- A negotiation to resolve differences conducted by an impartial third party. The two companies reached a settlement after a week of mediation.
- The act of intervening for the purpose of bringing about a settlement. Mediation can prevent costly litigation by fostering mutual agreement.
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Did you know? Mediation was famously employed by the ancient Greek city‑states to settle disputes, and modern legal systems only codified it as a formal alternative dispute resolution method in the late 20th century.