Bus arbitration means settlement among different modules.

Bus arbiter decides which

module work firstly. Bus arbitration is a way of sharing the computer's data transferring
channels (buses) in an optimal way so the faster devices won't have to wait to be able to
transfer and the slower devices (like peripherals) will have a chance to transfer as well.
Different methods exist but two main types are the serial and parallel arbitrations. Serials
include the daisy chain arbitration and hardware polling. The parallel ones are software
polling and independent requesting.