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)

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 ?
She called on the government to chip in and help the foundation in settling the war veterans.Her daughter said the foundation has been approaching the government to sell them land whose leaseholds have expired for them to settle the veterans.
The aim of many researches on the study of the settling velocity is to make precise, general formula for prediction of settling velocity [1-6].
If the proceeding has already been fully briefed, or if the patent owner asserted the patent against other parties, the patent owner must weigh the benefits and drawbacks of settling before the patent is possibly affirmed -- or cancelled -- during the proceeding.
and a manufacturing partner have introduced a new non-pH-specific dry flocculent called Drum-Floc, which is broadcast over the surface of the process water settling basin, then mixed in with a bucket loader.
In most cases, a precise model of its settling behavior is needed to optimize an op-amp," he said in an interview with the news service of Iran Nanotechnology Initiative Council (INIC)."Since folded cascode circuit is commonly used in amplifier applications, our calculations are based on it.
The IRS noted that the taxpayer's right to reacquire the shares was unrestricted by agreement or economic circumstances and that it might reach a different conclusion if there was a legal or economic restraint on the taxpayer settling the contract with cash or other shares.
Mick Rolfe, 26, store manager, Heaton: I've got a busy life but I do look forward to settling down at some point.
Similar to the holding in Feliberty, the Shuster court held that the clear language of the "deems expedient" provision gave the insurer exclusive authority to control settlement and to be "guided by its own self interest when settling the claim for amounts within the policy limits."
"They end up settling these things for crazy amounts of money," he said.
The technique can detect the settling of ground above blasts that occurred decades ago, before current monitoring networks were established.
Application: Statistical analysis of fiber settling is a new approach for measuring the degree of refining.
Almost always, it's settling, rather than taking a chance on a jury, judge, witness, lawyer, the law itself, and all the stars aligning in the right place at the right time.