单词 | structured settlement |
释义 | > as lemmasstructured 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. < as lemmas |
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