Settle

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Settle

To agree, to approve, to arrange, to ascertain, to liquidate, or to reach an agreement.

Parties are said to settle an account when they examine its items and ascertain and agree upon the balance due from one to the other. When the person who owes money pays the balance, he or she is also said to settle it. A trust is settled when its terms are established and it goes into effect.

The term settle up is a colloquial rather than legal phrase that is applied to the final collection, adjustment, and distribution of the estate of a decedent, a bankrupt, or an insolvent corporation. It includes the processes of collecting the property, paying the debts and charges, and remitting the balance to those entitled to receive it.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

settle

v. to resolve a lawsuit without a final court judgment by negotiation between the parties, usually with the assistance of attorneys and/or insurance adjusters, and sometimes prodding by a judge. Most legal disputes are settled prior to trial. (See: settlement)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

TO SETTLE. To adjust or ascertain to pay.
     2. Two contracting parties are said to settle an account when they ascertain what is justly due by one to the other; when one pays the balance or debt due by him, he is said to settle such debt or balance. 11 Alab. R. 419

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
"The surgery had to be delayed until now to allow inflammation in the soft tissues to settle down, which were then used in the tendon grafting process.
"I am letting it settle down to get 100% healthy so I can push on again.
Although some have criticised her for being too focused on her career, single Katherine insists she can not wait to settle down.
With lyrics like "Get get get in line, and settle down" and "You can see it in my eyes, you can read on my lips", Gwen could easily be talking to her young boys, trying to get them to clean their teeth or to go off to bed.
On Tuesday and Wednesday mornings (9.30am-12 noon), the Settle Down - or at least part of it - is to become The Writers' Cafe.
They all wanted me to settle down with them, and they were all disappointed.
I want to find the right woman, settle down and live a quiet life in a lighthouse.
One cannot attribute all the credit to Patterson alone for the musical nitroglycerin contained on his group's debut, Settle Down City (Jade Tree).
Jaworski said that after touring for 12 years she wants to settle down and spend more time with her 9-year-old daughter.
Traveling the seas to reach her new home, she bears a son, watches him grow, live, earn a career as a medical doctor, and settle down with a partner unable to give him children.
She says: "A huge number of women don't settle down until their 30s and 40s and they are opting for possessions such as cars before spending money on having kids.
Before beddie-bye, settle down by having a light snack, listening to mellow music or reading a book.