Legal & Regulatory
Settlement
Amicable agreement between parties to end dispute with mutual concessions, documented in writing, having force of judicial ruling after authentication.
In Other Languages
Arabic
الصلح
اتفاق ودي بين الأطراف لإنهاء النزاع بتنازلات متبادلة، يُوثَّق كتابياً، له قوة الحكم القضائي بعد التوثيق.
English
Settlement
Amicable agreement between parties to end dispute with mutual concessions, documented in writing, having force of judicial ruling after authentication.
Turkish
Uzlaşma
Karşılıklı tavizlerle anlaşmazlığı sonlandırmak için taraflar arasında dostane anlaşma; yazılı belgelenir, onaydan sonra yargı kararı gücüne sahiptir.
Related Terms
Mediation
Resolving dispute with help of neutral third party proposing non-binding solutions, faster and cheaper than litigation, optional in Ejar.
Dispute Resolution
Mechanisms for resolving disputes between contract parties, including direct negotiation, mediation, arbitration, litigation, chosen by dispute nature.