Entry from US English dictionary
A legal settlement paid out as an annuity rather than in a lump sum, usually with certain tax advantages for the recipient and a savings for the payer.
- Structured settlements don't just settle the claim; they do so in a way that meets all of the parties needs.
- Perhaps the most telling objection to structured settlements is that the advantages to both claimant and insurer are at the taxpayer's expense.
- Is there anything in structured settlements for the defendants, for the insurers, for the taxpayers, indeed for the government?
For editors and proofreaders
Syllabification: struc·tured set·tle·ment
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.