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The phrase "a statement of compromise" is correct and usable in written English.
It can be used when referring to a declaration or expression that indicates an agreement reached by two or more parties, often involving mutual concessions.
Example: "The negotiations concluded with a statement of compromise that satisfied both sides' key concerns."
Alternatives: "a declaration of agreement" or "a mutual concession statement."
Exact(1)
-Groups A and B divide into pairs to meet in small groups (of four) with pairs from Group C and D ROUND THREE Task: Students return to their original groups (A-D) to draft a statement of compromise that clarifies the original Senate agreement and/or modifies it.
Similar(59)
The marchers intended to fill Ferguson's jails as a gesture of solidarity and a statement of noncompliance with a police department that they deemed morally compromised.
There's an overwhelming desire for ethical fashion that doesn't compromise on style; for shopping that can go hand-in-hand with making a statement of solidarity.
Or a statement of intent?
It's a statement of an institution".
Prepare a Statement of Information.
Include a statement of facts.
Write a statement of purpose.
All but two of the 28 neighbors closest to 60 South Harrison have signed a statement favoring the compromise.
He offered a sort-of compromise.
A flurry of compromise ensued.
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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