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compromise

1) n. an agreement between opposing parties to settle a dispute or reach a settlement in which each gives some ground, rather than continue the dispute or go to trial. Judges encourage compromise and settlement, which is often economically sensible, since it avoids mounting attorneys' fees and costs. 2) v. to reach a settlement in which each party gives up some demands.

See also: settlement 

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The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications