Structured settlement

An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.

Structured Settlement

The judgment or final agreement in a lawsuit where one party (usually the defendant) pays the other party (usually the plaintiff) a certain amount of money over a long period of time. A structured settlement allows the "winning" party to receive a large amount while still making payment affordable for the other party. Some companies purchase insurance policies where the insurance company pays any structured settlements that may arise.

单词	structured settlement
释义	Structured settlement Structured settlement An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements. Structured Settlement The judgment or final agreement in a lawsuit where one party (usually the defendant) pays the other party (usually the plaintiff) a certain amount of money over a long period of time. A structured settlement allows the "winning" party to receive a large amount while still making payment affordable for the other party. Some companies purchase insurance policies where the insurance company pays any structured settlements that may arise.
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