/ˈdæmɪdʒ ˈsɛtlmənt/ – Phrase
Definition: việc đền bù thiệt hại.
A more thorough explanation: A “damage settlement” refers to an agreement reached between parties involved in a legal dispute, typically a lawsuit, where one party agrees to pay compensation to the other party for losses or harm suffered as a result of the actions or negligence of the party making the payment. This compensation is intended to cover the damages incurred by the injured party and is often reached through negotiation or mediation, rather than through a court judgment.
Example: The parties reached a damages settlement agreement to resolve the dispute out of court.