For Settlement we have terms and definitions in 30 topics. The topics are Accident Compensation, Ancestors, Asbestos, Auto Insurance, Automotive, Backgammon, Blackjack, Business, Car Insurance, Cellular Networking, Construction, Digital Rights Management, Energy, Finance, Frauds and Scams, Home Equity, Housing, Insolvency, Investing, Law, Legal, Legal, Accident Compensation, Pavement, Personal Injury Law, Purchasing A Home, Real Estate, Refinance, Securities, Trademark and Workers Compensation.

Settlement (Accident Compensation)

The conclusion of your claim, either through a court decision or negotiation.

Settlement (Ancestors)

A final accounting of how the property of an estate was divided among the heirs; includes an acknowledgement by all the heirs that they received their fair portion and that they have no further claims to make upon the estate.

Settlement (Asbestos)

Resolution of a lawsuit or legal dispute prior to a final court judgment.

Settlement (Auto Insurance)

Payment of a claim by the insurer.

Settlement (Automotive)

A claim payment.

Settlement (Backgammon)

A decision to end a game early with the payment of points by one player to the other based on the agreed fair value of the position (see Equity). Settlements are generally not allowed in tournament play.

Settlement (Blackjack)

At the end of the hand, when bets are resolved and either the dealer or the player takes the chips.

Settlement (Business)

The payment of a debt or charge.

Settlement (Car Insurance)

Payment of a claim by the insurer.

Settlement (Cellular Networking)

The process of exchanging revenue between telecommunications carriers

Settlement (Construction)

Compression of the soil or the members in a structure.

Settlement (Digital Rights Management)

An actual execution of payment, based on billing information.

Settlement (Energy)

The process of financial settlement for products and services purchased and sold. Each settlement involves a price and quantity. Both the ISO and PX may perform settlement functions.

Settlement (Finance)

When payment is made for a trade.

Settlement (Frauds and Scams)

The conclusion of a securities transaction, as evidenced by the seller delivering the security and the buyer paying for it. Most securities, but not all, settle in three business days.

Settlement (Home Equity)

The meeting between the buyer, seller and lender where the property and funds legally change hands. Also referred to as Closing.

Settlement (Housing)

Another name for closing .

Settlement (Insolvency)

The transferring of property to another person or a gift. Under certain circumstances, settlements are void against the Trustee and are brought back into the bankruptcy estate.

Settlement (Investing)

The conclusion of a securities transaction, as evidenced by the seller delivering the security and the buyer paying for it. Most securities, but not all, settle in three business days.

See Also: Settlement Date; Transaction

Settlement (Law)

An agreement between the parties disposing of a lawsuit.

Settlement (Legal)

An agreement between the parties disposing of a lawsuit.

Settlement (Legal, Accident Compensation)

The conclusion of your claim, either through a court decision or negotiation.

Settlement (Pavement)

Sinking of solid particles in grout, mortar, or fresh concrete, after placement and before initial set. See also Bleeding.

Settlement (Personal Injury Law)

An agreement between the parties disposing of a lawsuit.

Settlement (Purchasing A Home)

See closing.

Settlement (Real Estate)

Another term for "closing".

Settlement (Refinance)

The meeting between the buyer, seller and lender where the property and funds legally change hands. Also referred to as Closing.

Settlement (Securities)

In a trade, the exchange of money and the security. Regular way settlement takes place three business days after trade date.

Settlement (Trademark)

Agreement reached between litigating or potentially litigating parties to a dispute. Common examples in trademark cases include gradual name change, licensing, limitations on use, or a monetary payment.

Settlement (Workers Compensation)

A statute that allows for an increase in compensation by one-half to an employee when the employee is injured by reason of the serious and willful misconduct by the employer. An employee must prove that the employer's conduct involved the intent to injure or was a reckless disregard for the safety of the employees. The employer is responsible for the payment of an S&W penalty. The penalty is not insurable, although the defense of the action would be covered.

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