set out
set out, vb. To recite, explain, narrate, or incorporate (facts or circumstances) (set out the terms of the contract). — Also termed set forth.
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out of court settlement
The settlement and termination of a pending suit, arrived at without the court’s participation. [Cases: Compromise and Settlement 1. C.J.S. Compromise and Settlement § 1.]
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out-of-court settlement
out-of-court settlement 庭外和解 指诉讼双方当事人在无法庭参与的情况下达成和解，从而终结诉讼。
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out-of-court settlement
out-of-court settlement 庭外解决 指当事人在无法院干涉处理案件的情况下，自己经过协商达成协议。
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go hence without day
go hence without day. (Of a defendant to a lawsuit) to be finished with legal proceedings without any further settings on the court’s calendar. • Thus, a defendant who “goes hence without day” succeeds in getting a case finally resolved, usu. by dismissal. The phrase derives from the Law French phrase aller sans jour, and
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south western reporter
South Western Reporter. A set of regional lawbooks, part of the West Group’s National Reporter System, containing every published appellate decision from Arkansas, Kentucky, Missouri, Tennessee, and Texas, from 1886 to date. • The first series ran from 1886 to 1928; the second series ran until 1999; the third series is the current one. —
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payout period
payout period. The time required for an asset to produce enough revenue to pay back the initial investment; esp., in oil-and-gas law, the time required for a well to produce a sufficient amount of oil or gas to pay back the investment in the well.
nuisance settlement
A settlement in which the defendant pays the plaintiff purely for economic reasons — as opposed to any notion of responsibility — because without the settlement the defendant would spend more money in legal fees and expenses caused by protracted litigation than in paying the settlement amount. • The money paid in such a settlement
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units of output depreciation method
A method by which the cost of a depreciable asset, minus salvage value, is allocated to the accounting periods benefited based on output (as miles, hours, number of times used, and the like).
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