provisional settlement
[prə-ˈvi-zhə-nəl ˈset-əl-mənt]
nounpl: provisional settlements
acordo provisório
1. A temporary agreement or arrangement that resolves a dispute or establishes terms pending a final decision or permanent arrangement
The provisional settlement allowed both parties to resume operations while negotiations continued.
O acordo provisório permitiu que ambas as partes retomassem as operações enquanto as negociações continuavam.
2. In legal contexts, a temporary resolution of a case that may be subject to modification or final judgment
The court approved a provisional settlement of the property dispute.
O tribunal aprovou um acordo provisório da disputa de propriedade.
3. In finance and banking, a temporary arrangement for payment or debt resolution
The creditor accepted a provisional settlement of the outstanding balance.
O credor aceitou um acordo provisório do saldo devedor.
In Brazil, provisional settlements are common in civil and commercial litigation where disputes need immediate resolution while final judgments are pending. This reflects the Brazilian legal system's acknowledgment of the lengthy court processes and the practical need for temporary arrangements. The term is widely used in banking, commerce, and administrative law contexts.
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