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LSDefine

Simple English definitions for legal terms

compromise and settlement

Read a random definition: sham litigation

A quick definition of compromise and settlement:

Compromise and Settlement: An agreement between two or more people to solve a problem or argument they have. Each person gives up something to make the other person happy. It can also mean when someone pays part of what they owe and the other person agrees not to ask for the rest.

A more thorough explanation:

Compromise and settlement refer to an agreement between two or more parties to resolve a dispute or claim. In this agreement, each party gives up something in order to reach a resolution.

For example, if two people are in a legal dispute over a property line, they may compromise and settle by agreeing to split the disputed area evenly between them. This way, both parties give up some of their claim in order to reach a resolution.

Another example of compromise and settlement is when a debtor makes a partial payment to a creditor, and the creditor agrees not to pursue the rest of the debt. This is known as a compromise and settlement agreement.

Overall, compromise and settlement are important tools for resolving disputes and claims without the need for lengthy and costly legal proceedings.

compromis | compromis proper

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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