Definition of Settlement

a formal decision or agreement that settles a dispute

Examples of Settlement in a sentence

Unable to reach a settlement through the use of a mediator, the separated couple hired new attorneys and prepared for court.  🔊

Agreeing to a multi-million dollar settlement, the cigarette giant avoided a drawn-out lawsuit by agreeing to pay some of the victims hurt by its product.  🔊

A settlement in the matter was reached just two hours before a trial was to take place.  🔊

Under the terms of the settlement, the father agreed to joint custody in lieu of paying child support.  🔊

Accepting the formal settlement means that criminal charges will not be filed in the case and only a civil penalty will be issued.  🔊

Other words in the Agreement category:

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