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Discover Ludwig"make a settlement offer" is correct and usable in written English.
You could use it when one party is trying to negotiate an agreement or come to a resolution. For example, "The insurance company refused to pay the full amount of the claimant's damages, so the claimant decided to make a settlement offer in an attempt to resolve the dispute."
Exact(5)
But it has yet to make a settlement offer.
The defendant would not be required to make a settlement offer, and the plaintiff would not have to accept one.
The agencies' insurance carrier was reviewing the matter, he noted, and was "not prepared to make a settlement offer at this time".
Crone commented on that note from Pike a day later, suggesting to Myler that "the best course of action" is to make a settlement offer to Taylor which would "amount to £700k [thousand]".
You can make a settlement offer in installments.
Similar(53)
In a meeting last Thursday, state officials made a settlement offer concerning the Mohawks' land claims.
One person said the union made a settlement offer two weeks ago, but baseball flatly rejected it.
If the builder makes a settlement offer, can the board accept or reject the offer on its own, or must the unit owners vote on it?
Round and round it goes until the manager finally makes a settlement offer, which very often exceeds what this friend would have had the nerve to request.
Pertamina has made a settlement offer in the case, which Karaha rejected out of hand, in part because it would involve restarting the project.
Anton Bazulev, director of external relations for Novolipetsk, said in an interview that it had never made a settlement offer to Mr. Maksimov and denied that it had orchestrated his arrest.
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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