in full settlement

in full settlement
A phrase indicating receipt of payment in full or acknowledging payment or performance accepted as the equivalent of complete performance or satisfaction. Under a contract executed "in full settlement of all claims and demands," the phrase covers all rights, demands, claims or disputes as to property existing at the time of execution of the contract. Golden v Golden, 155 Okla 10, 8 P2d 42.

Ballentine's law dictionary. . 1998.

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  • full settlement — See in full settlement …   Ballentine's law dictionary

  • full settlement — Implies an adjustment of all pending matters, the mutual release of all prior obligations existing between the parties. Hickox v. Hickox, Tex.Civ. App., 151 S.W.2d 913, 918 …   Black's law dictionary

  • full settlement — Implies an adjustment of all pending matters, the mutual release of all prior obligations existing between the parties. Hickox v. Hickox, Tex.Civ. App., 151 S.W.2d 913, 918 …   Black's law dictionary

  • full — I adjective abounding, abundant, affluent, baggy, brimful, brimming over, charged, chockfull, cloyed, complete, comprehensive, crammed, detailed, entire, entirely occupied, exhaustive, filled, filled to utmost capacity, flowing, flush, fraught,… …   Law dictionary

  • settlement — set·tle·ment n 1: the act or process of settling 2 a: an agreement reducing or resolving differences; esp: an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree W. J. Brennan …   Law dictionary

  • settlement — The clearinghouse practice of adjusting all futures accounts daily according to gain or loss from price movement is generally called settlement. The CENTER ONLINE Futures Glossary (1) Noun The standard number of days between the date that a… …   Financial and business terms

  • Settlement — When payment is made for a trade. The New York Times Financial Glossary * * * settlement set‧tle‧ment [ˈsetlmənt] noun 1. [countable, uncountable] an official agreement or decision that ends an argument between two people or organizations: •… …   Financial and business terms

  • settlement — Act or process of adjusting or determining; an adjusting; an adjustment between persons concerning their dealings or difficulties; an agreement by which parties having disputed matters between them reach or ascertain what is coming from one to… …   Black's law dictionary

  • Settlement of Iceland — The settlement of Iceland began in the second half of the 9th century AD, when Norse settlers migrated across the North Atlantic. Their reasons for migrating may be traced to a shortage of arable land in Scandinavia, and civil strife brought… …   Wikipedia

  • Settlement of the Americas — …   Wikipedia

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