compromise

compromise, n.

1. An agreement between two or more persons to settle matters in dispute between them; an agreement for the settlement of a real or supposed claim in which each party surrenders something in concession to the other. — Also termed compromise and settlement; (erroneously) compromise settlement. [Cases: Com-promise and Settlement

1. C.J.S. Compromise and Settlement § 1.]

2. A debtor’s partial payment coupled with the creditor’s promise not to claim the rest of the amount due or claimed. Cf. ACCORD; ACCORD AND SATISFACTION. — compromise, vb.

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词条贡献者

法律翻译Jian，毕业于新加坡知名法学院，专注翻译各类与证券诉讼有关的法律文件。