Simple English definitions for legal terms
Read a random definition: reinsurance treaty
Compromise: When two or more people disagree, they can make a deal to solve the problem instead of fighting or going to court. This deal is called a compromise. It means that everyone gives up something to find a solution that works for everyone.
Compromise is when two or more people or groups agree to settle a disagreement or problem instead of fighting or going to court. It's like finding a middle ground where everyone gives a little to reach a solution.
For example, let's say two friends want to go to different restaurants for dinner. They could argue and get upset with each other, or they could compromise by choosing a restaurant that they both like or taking turns picking where to eat.
In legal terms, a compromise is a contract where parties agree to settle a dispute or uncertainty about a legal obligation or relationship. This means that instead of going to court, the parties come to an agreement that works for both sides.
For instance, if two people are in a car accident and can't agree on who was at fault, they could compromise by agreeing to split the cost of the damages instead of going to court and letting a judge decide.