out of court settlement
Definition
Legal arrangement, initiated and completed outside of the formal judicial process; without the involvement of courts and judges, but usually with the active involvement of the attorneys representing opposing parties. Also called negotiated settlement.
email to a friend
print this definition
cite this definition
link to this page
out of court settlement is in the Corporate, Commercial, & General Law subject.
out of court settlement appears in the definition of the following term: negotiated settlement
This content can be found on the following page:
http://www.businessdictionary.com/definition/out-of-court-settlement.html