MLchartDataset catalogue

Consent judgment

Term · Insurance and risk management · MLC-T-INS-000902

A court order that formalizes an agreement reached between opposing parties in a lawsuit, settling the dispute without a full trial. It has the same legal force and effect as a judgment rendered after a contested trial. This type of judgment is frequently used in liability claims to finalize settlements and avoid further litigation costs.

Table 1. Record
IdentifierMLC-T-INS-000902
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000902",
  "term": "Consent judgment",
  "field": "Insurance and risk management",
  "definition": "A court order that formalizes an agreement reached between opposing parties in a lawsuit, settling the dispute without a full trial. It has the same legal force and effect as a judgment rendered after a contested trial. This type of judgment is frequently used in liability claims to finalize settlements and avoid further litigation costs.",
  "url": "https://mlchart.com/terminology/insurance/consent-judgment/"
}

Record 700 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.