is a process in which an impartial third party those involved in a dispute reach an agreement.

Mediation

Explanation:

Mediation is the process in which an impartial third party help those involved in a dispute reach an agreement.

Mediation is the process which help the parties to settle at their disputes. The mediator is the one who do meeting with the parties separately or have joint sessions which help him to bring the disputed parties on one point. Mediation involves various steps:

answer; buying the bill at a discount from the face value to be received at maturity;