settlement amount

USAGE SUMMARY

"settlement amount" is a correct and usable phrase in written English.
It can be used in various contexts, such as legal or financial, to refer to the agreed upon sum of money that one party agrees to pay to another party in order to settle a dispute or obligation. Example: The company agreed to pay a settlement amount of $50,000 to the plaintiff to resolve the lawsuit.

✓ Grammatically correct

News & Media

Science

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The final settlement amount may vary.

Independent

Worse, the settlement amount is inadequate.

The New York Times

This is about 25 percent of the total settlement amount.

The New York Times

(Cosby paid her an undisclosed settlement amount, in 2006).

The New Yorker

Those funds, he said, "far exceed any settlement amount".

The New York Times

Citigroup said most of the settlement amount was covered by the bank's existing mortgage repurchase reserves.

The New York Times

Moreover, up to a third of the settlement amount could go to the plaintiffs' lawyers.

The New York Times

In the past, plaintiffs' lawyers received 20 percent to one-third of the settlement amount.

The New York Times

The settlement amount is still being debated, law enforcement officials said.

The New York Times

The $10 million check is actually an advance on whatever the final settlement amount will be.

The New York Times

Today, Mr. Berkowitz said his clients were satisfied with the settlement amount.

The New York Times

Expert writing Tips

Best practice

In legal documentation, explicitly state the "settlement amount" and the currency to prevent any misinterpretation. For example, "The settlement amount is $10,000 USD."

Common error

Avoid using "settlement amount" interchangeably with "damages". "Damages" refer to the losses incurred, while the "settlement amount" is the negotiated figure to resolve the claim, which may or may not fully cover the damages.

Linguistic Context

The phrase "settlement amount" functions as a noun phrase, typically serving as the object of a verb or preposition. It specifies the sum of money agreed upon in a settlement, as seen in Ludwig's examples from news and legal contexts. Ludwig AI confirms its correct and usable status.

Expression frequency: Very common

Frequent in

News & Media

60%

Science

15%

Formal & Business

10%

Less common in

Wiki

8%

Academia

4%

Reference

3%

Ludwig's WRAP-UP

The phrase "settlement amount" is a commonly used and grammatically correct noun phrase that refers to the agreed-upon sum of money in a settlement. As confirmed by Ludwig AI, it's widely used across diverse contexts, particularly in news, business, and legal domains. While semantically similar phrases exist, such as "compensation sum" or "total payout", it's crucial to use "settlement amount" when precision is needed, especially when discussing financial or legal agreements. A key point to remember is to differentiate between "settlement amount" and "damages", as damages refer to the actual losses, while the former refers to the negotiated figure to resolve the claim. Ludwig's examples clearly illustrate its application in real-world scenarios, making it a valuable phrase in both professional and general communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

amount in settlement

Minor rephrasing, focusing on inclusion of an amount within the settlement context.

compensation sum

Alternative wording which reorders the words from the QUERY, while maintaining the same basic meaning.

agreed settlement

Focuses on the agreement aspect of the settlement, omitting the specific sum.

final compensation

Highlights the compensation aspect, useful when the settlement is intended as a form of recompense.

agreed-upon compensation

Emphasizes the mutual agreement regarding compensation.

payment for settlement

Rephrases the QUERY emphasizing the payment's purpose.

total payout

Focuses on the disbursement of funds in the settlement.

resolution payment

Highlights the payment made to resolve a conflict.

financial resolution

Highlights the financial aspect of resolving a dispute without specifying an exact amount.

monetary agreement

Emphasizes the mutual monetary understanding reached.

FAQs

How to use "settlement amount" in a sentence?

Use "settlement amount" when referring to the agreed-upon sum of money to resolve a legal or financial dispute. For example, "The final "settlement amount" was deemed acceptable by both parties".

What's the difference between "settlement amount" and "compensation"?

"Compensation" refers generally to payment for losses or damages, while ""settlement amount"" is the specific, agreed-upon figure in a settlement agreement. Compensation may be paid without a formal settlement.

What can I say instead of "settlement amount"?

You can use alternatives like "compensation sum", "total payout", or "agreed settlement" depending on the context. Each conveys a slightly different nuance.

Is it necessary to disclose the "settlement amount" in legal documents?

Yes, typically the "settlement amount" is a critical component of the settlement agreement and must be clearly stated to ensure the agreement is enforceable. However, confidentiality clauses may restrict public disclosure.