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The phrase "a settlement amount" is correct and usable in written English.
It can be used in legal or financial contexts when referring to a specific sum of money agreed upon to resolve a dispute or claim.
Example: "After lengthy negotiations, the parties agreed on a settlement amount to resolve the lawsuit."
Alternatives: "a compensation sum" or "a resolution payment".
Exact(10)
The Delaware plaintiffs would not accept a settlement amount within the limits of insurance covering Bank of America's directors.
Ms. Taymor might balk if a settlement amount was lower than she wanted, and the producers might resist if she demands a say over any future overseas productions of "Spider-Man," as well as over a documentary about the making of the show that the producers are now completing.
Therefore, a settlement amount of 30 cm is taken as a criterion for the onset of settlement hazard.
The two companies have announced that they are settling claims filed in a Delaware state court; and GSI shareholders will be paid a settlement amount equivalent to about $0.33 a share.
Personal injury lawsuits typically arrive at a settlement amount after both sides determine on their own what they think a case is worth; typically, that amount is reached by reviewing similar cases and seeing what juries have awarded past victims.
Deutsche is not the first bank to announce a settlement amount before both sides have agreed on the final documentation.
Similar(47)
It makes sense for plaintiffs, whose lawyers are usually paid a fraction of any settlement amount -- and nearly all securities fraud suits are settled -- to try to name defendants who have deep pockets.
Those funds, he said, "far exceed any settlement amount".
Gates was referring to an earlier Wall Street Journal story, which cited $20 billion as a potential settlement amount.
Jonathan Gasthalter, a Gavilon spokesman, declined to comment on why it was willing to pay such a large settlement amount or whether the traders involved were still employed by the company.
A $100 million payment to Boeing for a NATO early warning system was also cited in the court papers, in which Ms. Druyun admitted that she felt a lower settlement amount was more appropriate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com