property settlement
2
6.1
- noun
- /ˈprɒpərti ˈsɛtəlmənt/
- Formal
:
acuerdo de bienes
- There won't be any alimony or property settlement problems.
Examples
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This means that judges should have the option of excluding the home from the property settlement for an extended period—perhaps until the children have departed for college or entered the paid workforce.
Academic text (1996) -
Then make sure you have a legal separation with a legal property settlement signed by both parties.
Blog text (7) -
I've got a copy of the property settlement.
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My lawyer said it'd give me a better shot... at getting the house in the property settlement.
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Then they can let that cleansing process pave the way for mutually acceptable terms of property settlement and child custody—and maybe even reconciliation.
Academic text (1996) -
But the court ultimately decided not to enforce the mahr and instead imposed, as a property settlement, that the ex-husband may "retain, for the most part, premarital property he possessed after conferring the equivalent of $116,000 in gifts on the wife before any legitimate marriage had occurred."
Blog text (29) -
After their divorce, they reached a property settlement that divided their assets fairly.
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The couple agreed on the terms of the property settlement during the mediation session.
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It's important to consult a lawyer when drafting a property settlement to ensure both parties are treated fairly.
Synonyms
384
3.3
An agreement that ends a legal or business dispute
How Formal
- Formal
108
3.5
- Formal
2
6.1
- Formal
95
3.7
3
3.4
Surface Forms
Morphology
The meaning is directly compositional: 'property' (assets) + 'settlement' (an agreed resolution) yields an agreement concerning assets. Although it's a legal term, the components combine in a straightforward, cross-linguistically common way, so a B1 learner who knows both words would likely infer the general meaning.
Etymology
Property settlement comes from the idea of dividing property, meaning what people own, and making a settlement, a 'agreement' to end a dispute. Picture two people at a table sorting furniture, money and papers into two piles until they both agree; that's why the phrase means the formal division of belongings and money between partners after a divorce.