1. A judgment in a divorce case determining the distribution of the marital property between the divorcing parties. • A property settlement includes a division of the marital debts as well as assets. — Also termed property division; division of property. [Cases: Husband and Wife 248.]
2. A contract that divides up the assets of divorcing spouses and is incorporated into a divorce decree. — Also termed integrated property settlement; property settlement agreement. Cf. DIVORCE AGREEMENT . [Cases: Husband and Wife 277.]
3. MARITAL AGREEMENT.
