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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