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.

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)

settle

verb settle order on notice, accommodate, agree, agree upon, approve, arrange, arrange matters, arrange matters in dispute, ascertain, bring to terms, bring together, clear up, come to a determination, come to an agreement, come to an understanding, come to terms, compromise, conclude, conficere, constituere, decide, determine once for all, dispose of, end, even the score, harmonize, make a compact, mend, negotiate, put in order, reach a compromise, reconcile, rectify, resolve, reetore harmony, set at rest, set in place, settle, solve, straighten out, strike a bargain, work out
Associated concepts: settle a bill of exceptions, settle a claim, settle a judgment, settle an account, settle an estate, settle an order, settle issues, settle property, settled account
See also: accommodate, adjudge, adjudicate, adjust, administer, agree, arbitrate, arrange, award, choose, close, complete, comply, compromise, concede, conclude, conduct, confirm, contract, decide, deposit, determine, discharge, dwell, embed, hold, intercede, judge, liquidate, locate, lodge, lull, mediate, negotiate, pacify, pay, place, plant, reconcile, recoup, refund, reimburse, remit, remunerate, repose, reside, resolve, rest, return, rule, satisfy, stabilize, stipulate, subside, sustain

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

References in periodicals archive ?
This lack of control should motivate parties to settle a lawsuit with a co-pending IPR/CBM proceeding, or to litigate the dispute to a final conclusion -- whether a final judgment or a settlement not driven by the release of the co-pending IPR/CBM proceeding.
More recently, Settles and his colleagues ushered shadowgraphy into the 21st century by projecting images onto an even bigger screen.
Assessing the likelihood of a favorable trial verdict is at the core of any decision to try or settle a bad faith lawsuit.
The court stated that an insurance company may settle a claim without the consent of the insured.
As one court noted, the right to settle a civil suit under 1983, including the amount of attorney's fees, rightfully belongs to the plaintiff.
The CEP Case Manager may be able to settle the issue while the case is still in Examination if the proposed resolution is approved by the Appeals ISP coordinator.
If the identified position is used to settle the contract, the benefit of the loss should be realized as an adjustment to the taxpayer's realized gain or loss on the deemed disposition of the identified position for its FMV.
May 1999 - Settles allegations it violated child labor laws, agrees to pay $325,000.
In 1988, the New York Stock Exchange required traders to settle transactions within five days after the trade date (currently, it is three days).
City officials are concerned that they have so far this year been asked to pay out more than $7 million to settle police-related lawsuits and some officials say there is a lot of room for improvement in the way the city oversees police litigation.
Settles also sustained scratches on his stomach and back in the 1 p.
In addition to services for NCHA members, it settles check transactions for seven other clearinghouses located in Colorado, Florida, Kansas, Missouri, New Mexico, Utah, and the Fourth Federal Reserve District Clearing House Association.