Definition
A settlement is a negotiated resolution between parties. It may include payment, policy changes, confidentiality, or dismissal of claims.
Political Dictionary
Settlement
A settlement is an agreement resolving a legal dispute without final trial judgment.
Why It Matters
It saves time, reduces risk, and resolves most civil cases.
How It Works
Parties negotiate directly or through mediation and document enforceable terms.
History
Settlement has long been encouraged as an alternative to trial.
Example
A company pays damages and changes a practice without admitting liability.
Common Misconceptions
- Settlement means one side admitted guilt.
- Judges always dictate the terms.
- A settlement can never be confidential.
Related Terms
Related Topics
See Also