request for settlement

Definitions

A formal demand or proposal made by one party to another to resolve a legal dispute or outstanding debt through a mutually agreed-upon payment or action.

A documented communication initiating the process of negotiating a final agreement to settle a claim or financial obligation outside of court.

Examples

The legal team filed a formal request for settlement to avoid the costs of a prolonged trial.

After reviewing the evidence, the insurance company finally agreed to our request for settlement.

Synonyms

settlement offer proposal for resolution demand for compromise plea for mediation overture for settlement

Antonyms

refusal to settle insistence on litigation rejection of compromise declaration of war demand for trial