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The phrase "a prompt settlement" is correct and usable in written English.
It can be used in contexts where you are referring to a quick or timely resolution of a dispute or agreement.
Example: "The parties involved in the negotiation are hoping for a prompt settlement to avoid further delays."
Alternatives: "a swift resolution" or "an expedited agreement".
Exact(7)
The company said it had instructed its lawyers "to resolve the matters by reaching a prompt settlement".
Daly said in an e-mail message that it was "tough to say" whether the canceled games could be rescheduled if there was a prompt settlement.
If the N.H.L. cancels the Winter Classic, it has no plans to reschedule the event for this season, even if there is a prompt settlement to the lockout, said Bill Daly, the deputy commissioner.
Hopes for a prompt settlement in the 110-day old N.H.L. lockout were scuttled Thursday when players began voting to reauthorize Donald Fehr, the union's executive director, to disclaim interest in representing the union.
When asked about the millions of Zimbabweans who were likely to face severe hunger within months, Mr. Mbeki said their plight was evidence of the need for a prompt settlement.
Prevention/management processing is necessary in order to induce a correct judgment of the driver and provide a prompt settlement of an accident on the road traffic situation.
Similar(53)
But in autumn 1938 she requested prompt settlement for work on the Fawcett Building – a polite nod in grey brick to Basil Champneys's sunny red Arts and Crafts work at Newnham College Cambridge – since they had outstanding fees "and we are somewhat apprehensive this may be awkward in the event of a war.
This states: "We believe we have to provide the whole package, and that means that not only must the price be competitive, but the cover provided should be extensive, the policy terms and conditions reasonable and easily understood, the customer service should be first class and, most importantly, the claims process must be straightforward and fair, with prompt settlement".
A second investigation led to an astonishing mea culpa in April, and prompted settlement proceedings with a several celebrities.
A prompt and systematic settlement may simply prevent an accident and also reduce the secondary and tertiary damages including loss of lives.
He says one advantage of the arbitration process is that it tells the lawyer who rejects an arbitrator's award what a neutral third party thinks a case is worth, prompting settlements.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com