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单词 structured settlement
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structured settlement
structured settlement n. a financial settlement whereby a claimant receives part or all of an agreed award in the form of regular payments delivered over a set period of time.
ΚΠ
1984 Financial Times 14 Dec. 5/6 Mr Coale is proposing a structured settlement with a relatively small lump sum compensation being given to the victims immediately and the remaining award money being paid as a pension spread over the rest of their lives.
1991 Times 13 July 3/2 Under the structured settlement, he receives £450,000 immediately, with £800,000 invested in annuities to provide a tax-free income for as long as he lives.
2006 Mod. Law Rev. 69 418 Almost twenty years ago the concept of a structured settlement was imported into this country from the USA in order to provide continuing lifetime payments for seriously injured claimants.
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更新时间:2025/1/12 3:22:57