Settlement legal definition of settlement …
https://legal-dictionary.thefreedictionary.com/settlement
In legal terms, a settlement is a compromise or agreement between disputing parties to resolve their matters outside of court1. This often involves the defendant agreeing to some or all of the plaintiff's claims and deciding not to contest the matter in court1. Settlements can occur before a lawsuit is filed, during the early stages of a trial, or at any point before a court judgment is entered2. Save both parties the cost and time of a trial. Avoid the public exposure and stress associated with litigation. Provide a quicker resolution to the dispute.
Save both parties the cost and time of a trial.
Avoid the public exposure and stress associated with litigation.
Provide a quicker resolution to the dispute.
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