agreed judgment

A settlement that becomes a court judgment when the judge sanctions it.

• In effect, an agreed judgment is merely a contract acknowledged in open court and ordered to be recorded, but it binds the parties as fully as other judgments.

— Also termed consent judgment; stipulated judgment; judgment by consent. [Cases: Federal Civil Procedure 2397; Judgment 71–91. C.J.S. Judgments §§ 182–194, 370–374.]


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