settlement credit

settlement credit. Civil procedure. A court’s reduction of the amount of a jury verdict — or the effect of the verdict on nonsettling defendants — to account for settlement funds the plaintiff has received from former defendants or from other responsible parties. [Cases: Compromise and Settlement 15(1); Damages 63. C.J.S. Compromise and Settlement §§ 32–33, 35–37, 40–41; Damages §§ 169–171.]

---

词条贡献者

法律翻译Julie，毕业于一所培养最顶级翻译人才的语言学院，专注翻译各类与欧洲通信法规有关的法律文件。