Definition of structured settlement in English:

structured settlement

Syllabification: struc·tured set·tle·ment

Entry from US English dictionary

noun

  • 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.

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Word of the day maelstrom
Pronunciation: ˈmeɪlstrəm
noun
a powerful whirlpool in the sea