1. The specific conditions and requirements agreed upon by parties to resolve a dispute, legal case, or financial obligation
The settlement terms required the defendant to pay $50,000 and issue a public apology.
Os termos do acordo exigiam que o réu pagasse $50.000 e emitisse um pedido de desculpas público.
2. In commercial transactions, the agreed-upon conditions for payment and delivery of goods or services
The settlement terms included net 30 payment conditions and free shipping.
As condições de liquidação incluíam pagamento em 30 dias e frete grátis.
3. Legal or financial conditions established to conclude a dispute or transaction
Both parties reviewed the settlement terms before signing the agreement.
Ambas as partes analisaram os termos do acordo antes de assinar o contrato.