Webster's Revised Unabridged Dictionary · 1913

Arbiter

Arbiter ({not transcribed}) , noun

[Latin arbiter; ar- (for ad) + the root of betere to go; hence properly, one who comes up to look on.]

1.
A person appointed, or chosen, by parties to determine a controversy between them.

In modern usage, arbitrator is the technical word.

2.
Any person who has the power of judging and determining, or ordaining, without control; one whose power of deciding and governing is not limited.
For Jove is arbiter of both to man. — Cowper

Arbiter , transitive verb

To act as arbiter between. [Obsolete]