Compromise
Term · Law · MLC-T-LAW-001136
An agreement reached between two or more parties in a dispute, where each party makes concessions to resolve their differences without resorting to litigation or further conflict. This mutual adjustment of demands often results in a settlement that is acceptable to all involved. Compromises are common in contract negotiations and civil litigation.
| Identifier | MLC-T-LAW-001136 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001136",
"term": "Compromise",
"field": "Law",
"definition": "An agreement reached between two or more parties in a dispute, where each party makes concessions to resolve their differences without resorting to litigation or further conflict. This mutual adjustment of demands often results in a settlement that is acceptable to all involved. Compromises are common in contract negotiations and civil litigation.",
"url": "https://mlchart.com/terminology/law/compromise/"
}
Record 972 of 5,445 in Law terminology (MLC-0107). Request the full dataset.