Before we discuss what an arbitration looks like, it helps to understand what an arbitration clause can include. Arbitration clauses can be simple -- stating that claims will be settled according to applicable arbitration rules and then enforced by a local court. But arbitration clauses can also be more complex, controlling a large number of matters, such as how arbitrators will be selected, where the arbitration will be held, who will pay for attorneys' fees, and whether the final arbitration award must be kept confidential.
DEFINITION of 'Semiconductor'. A materials product-usually comprised of silicon-which conducts electricity more than an insulator but less than a pure conductor, such as copper and aluminum.
semÂ·iÂ·conÂ·ducÂ·tor. n. 1. Any of various solid crystalline substances, such as germanium or silicon, having electrical conductivity greater than insulators but less than good conductors, and used especially as a base material for computer chips and other electronic devices. 2.ny of various solid substances, such as silicon or germanium, that conduct electricity more easily than insulators but less easily than conductors. Semiconductors are able to do this because they have a small number of electrons that have escaped from the bonds between the atoms, leaving open spaces.