Settlement
Law Firm

Solicitors & Lawyers
Legal Definitions

 

settlement

1.

A legal dispute resolved not by a judgment of the court but by the parties reaching a settlement. The settlement may be reached by negotiation or mediation.

Usage: The claimant agrees to accept £14,000 in full and final settlement of the £24,000 in unpaid invoices.

Related Words: dispute; negotiation; mediation; lawyer; barrister; solicitor.



 

Gillhams - Law Firm
Legal Terms and Definitions
London, UK

Tel: +44 20 7353 2732
Fax: +44 20 7353 2733

Members of the Law Society and regulated by the Solicitors Regulation Authority.

 

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