International Centre for Settlement of Investment Disputes(redirected from International Centre for the Settlement of Investment Disputes)
Also found in: Acronyms.
International Centre for Settlement of Investment Disputes
Also called ICSID. An organization under the World Bank Group that serves as an arbitration board for disputes involving investment treaties. That is, when member countries disagree on the interpretation of an investment treaty applying to both of them, they may refer the matter to ICSID. More than 150 countries belong to ICSID. It was established in 1966 and is based in Washington, D.C.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved