An arbitral award is not a judgment but may sometimes be enforced globally.

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An arbitral award is a decision or ruling made by an arbitrator or arbitral tribunal, which is binding on the parties involved. It is not a judgment made by a court but has the same effect as a court judgment in terms of enforcing it. Arbitral awards can be enforced globally under the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which has been adopted by 166 countries as of 2021.

An Arbitral Award Is Not a Judgment but May Sometimes