Binding Decision

Binding Decision

1. A decision that binds the parties affected by it and that they may not appeal. A binding decision may be the result of arbitration, the appeal to the highest court possible or a decision by a regulatory agency.

2. See: Binding authority.
References in periodicals archive ?
We believe outcomes of the negotiations in Ethiopia will be final and binding decision on both parties", Charles said on Sunday.
At the opening of the conference, Arab League chief Nabeel Al Arabi said participants must "simultaneously call on the Security Council to take a binding decision.
IF a leaflet is sent out under the pretext of gauging public feeling, asking the question of preference - be it either to remain with the status quo or have an elected mayor - but this leaflet does not state that the outcome would be a binding decision, have residents not been misled?
The judge's comments, however, seem to be observations rather than part of the binding decision.
A supporters' vote is taking place, with a binding decision expected on August 25.
Koizumi also warned that continued opposition will lead to a different consequence now that the Liberal Democratic Party has made a binding decision to support the bills.
It is a simple and inexpensive way to reach a legally binding decision.
If councillors agree on Monday to press ahead with a ballot, it is likely all tenants will be asked to vote within 18 months and the result would form part of a binding decision.
Such is the importance of this change that the judges have announced that they cannot make a final binding decision on this matter.
Decide up-front, before disputes arise, what the neutral's role will be: to manage the dispute process, mediate the dispute, or to render either a non-binding or a binding decision.
To be absolutely clear, Elliott's final, binding decision is not to accept McKesson's offer on its current terms.