settlement agreement

settlement agreement
A contractual agreement between parties to actual or potential litigation by which each party agrees to a resolution of the underlying dispute.

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  • settlement agreement — See compromise agreement. Related links compromise agreement Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Tobacco Master Settlement Agreement — The Tobacco Master Settlement Agreement (MSA) was entered in November 1998, originally between the four largest US tobacco companies and the attorneys general of 46 states. The states settled their Medicaid lawsuits against the tobacco industry… …   Wikipedia

  • marital settlement agreement — The document that sets out the terms of a divorce settlement between two spouses. The marital settlement agreement (MSA) is usually incorporated into the final judgment issued by the judge so that it has the force of a court order. Category:… …   Law dictionary

  • Tobacco Master Settlement Agreement — n. A civil settlement in which several major tobacco companies agreed to pay money to the states to pay the health care costs of people injured by smoking and to limit the advertising of tobacco products. The Essential Law Dictionary. Sphinx… …   Law dictionary

  • debt settlement agreement — agreement made regarding payment of debts …   English contemporary dictionary

  • agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… …   Law dictionary

  • settlement — noun 1 official/legal agreement ADJECTIVE ▪ final ▪ lasting, long term, permanent ▪ comprehensive ▪ a lasting and comprehensive peace settlement …   Collocations dictionary

  • settlement — set·tle·ment n 1: the act or process of settling 2 a: an agreement reducing or resolving differences; esp: an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree W. J. Brennan …   Law dictionary

  • agreement — agreement, accord, understanding are comparable chiefly in their political and legal uses. They agree in designating a settlement reached by parties to a dispute or negotiation. All these terms imply concurrence as to what should be done or not… …   New Dictionary of Synonyms

  • Settlement risk — is the risk that a counterparty does not deliver a security or its value in cash as per agreement when the security was traded after the other counterparty or counterparties have already delivered security or cash value as per the trade agreement …   Wikipedia

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