settlement of claims

USAGE SUMMARY

The phrase "settlement of claims" is correct and usable in written English.
It can be used in legal, insurance, or financial contexts when referring to the resolution or payment of claims made by individuals or entities. Example: "The insurance company is currently processing the settlement of claims related to the recent natural disaster."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

35 human-written examples

With new companies, especially, there is no track record on settlement of claims.

The New York Times - Travel

In an unusual move, Ally and ResCap said they had reached a global settlement of claims between the two.

The New York Times

But the supreme court ruled unhelpfully in 1999, when it rejected a multi-billion dollar class-action settlement of claims against Fibreboard, an asbestos producer.

The Economist

It did not appear to be related to an earlier secret settlement of claims brought by two other women who had worked for Mr. Lopez.

The New York Times

Part of the diplomatic compact included a $150 million payment that Congress, in ratifying the compact, called a "full and final settlement" of claims across the Marshall Islands.

The New York Times

Knight Trading Group, the biggest matchmaker for buyers and sellers of Nasdaq stocks, yesterday reached a $79 million settlement of claims that it had overcharged customers.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

22 human-written examples

Two investigations, by a district attorney in New York City and the state ethics commission, are examining the Lopez scandal, including the use of state money to pay confidential settlements of claims brought by two of the women.

The New York Times

The bishop pointed out that he replaced the intervention team last April and added a broader review board to oversee it, required all abuse allegations to be reported to the authorities and banned confidential money settlements of claim.

The New York Times

The fraud charges pertained to a scheme to make illegal payments to insurance claims adjusters with the intent of inducing the adjusters to expedite the settlement of certain claims; Rybicki and Grae made such payments in at least twenty cases.

Wikipedia

The company, based in Houston, agreed last year to a $1.7 billion settlement of related claims by California, Nevada, Oregon and Washington.

The New York Times

"Cooperation on the possible settlement of the claims is under way.

The New York Times

Expert writing Tips

Best practice

When using "settlement of claims", ensure clarity by specifying the type of claims (e.g., insurance claims, legal claims) to avoid ambiguity.

Common error

Avoid using "settlement of claims" when referring to a preliminary agreement or negotiation; reserve it for instances where a final resolution has been reached. Instead, use phrases like "discussions regarding claims" or "negotiations for potential settlement".

Linguistic Context

The phrase "settlement of claims" functions as a noun phrase, typically acting as the object of a verb or the subject of a clause. It describes the act or process of resolving disagreements, especially those involving financial compensation, as supported by Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

50%

Formal & Business

25%

Science

25%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "settlement of claims" is a common and grammatically correct noun phrase used to describe the resolution of disputes, often involving financial compensation. As confirmed by Ludwig, it is appropriate in legal, insurance, and business contexts. Key alternatives include "resolution of claims" and "claims settlement". A best practice is to specify the type of claims being settled to enhance clarity. The phrase appears most frequently in News & Media sources. Overall, it’s a useful and versatile phrase to describe the concluding of a dispute.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

resolution of claims

Focuses on the act of resolving claims, rather than the agreement itself.

claims settlement

A more concise phrasing, reversing the order of the nouns.

claims agreement

Stresses the consensus or accord reached in resolving claims.

claims resolution process

Emphasizes the procedure involved in resolving claims.

claims adjudication

Highlights the formal judgment or decision-making aspect of settling claims.

claims adjustment

Emphasizes the modification or alteration of claims to reach a settlement.

claims payment

Focuses specifically on the financial aspect of settling claims.

discharge of claims

Implies the release or termination of claims obligations.

claims liquidation

Focuses on converting claims into cash or assets.

settling of accounts

A more general term referring to resolving financial matters, including claims.

FAQs

How is "settlement of claims" typically used in a sentence?

The phrase "settlement of claims" is commonly used to describe the resolution of disputes, often involving financial compensation. For example, "The company reached a "settlement of claims" with its creditors."

What are some alternatives to "settlement of claims"?

Alternatives include "resolution of claims", "claims settlement", or "claims agreement", depending on the specific context you wish to emphasize.

What is the difference between "settlement of claims" and "payment of claims"?

"Settlement of claims" refers to the overall resolution process, while "payment of claims" specifically denotes the financial transaction involved in compensating for the claims.

In what contexts is "settlement of claims" most appropriate?

This phrase is most suitable in legal, insurance, and financial contexts when discussing the formal resolution of disputes and liabilities involving compensation or other forms of agreement.