Written decision of the arbitral tribunal or sole arbitrator that finally settles the dispute, in whole or in part, whether on the merits, on jurisdiction or on any other procedural issue that may lead to the end of all or a portion of the proceedings. The award is binding on the parties and terminates the arbitrators’ jurisdiction over the dispute or portion of the dispute that they have resolved. It is generally acknowledged that the award is res judicata with regard to that dispute. An award is said to be partial when it settles only part of the dispute (jurisdiction, applicable law, one contested issue …) and final when it disposes of all the issues. In principle, the award is not subject to appeal but may be subject to an action to set aside.