What is COMPROMISE? Definition of COMPROMISE in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
An arrangement arrived at, either in court or out of court, for settling a dispute upon what appears to . the parties to be equitable terms, having regard to the uncertainty they are in regarding the facts, or the law and the facts together. Colburn v. Groton, 66 N.H. 151, 28 A. 95, 22 L.R.A. 763; Isaacs v. Wishnick, 136 Minn. 317, 162 N.W. 297; Joyner v. City of Seattle, 144 Wash. 641, 258 P. 479, 481. A settlement of differences by mutual concessions or an adjustment of matters in dispute by mutual concessions. Forker v. Berkes, 111 Ind.App. 92, 38 N. E.2d 296, 299; In re Cusimano's Will, 22 N.Y.S.2d 677, 680, 681, 174"Misc. 1068.
It is essential to a compromise that there be mutual concessions or yielding of opposing claims. Scott v. Scott, 131 Okl. 144, 268 P. 245, 248; Hutson v. McConnell, 139 Okl. 240, 281 P. 760, 763.
In the civil law. An agreement whereby two or more persons mutually bind themselves to refer their legal dispute to the decision of a designated third person, who is termed "umpire" or "arbitrator." Dig. 4, 8; Mackeld. Rom. Law, § 471.
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That's the definition of COMPROMISE in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
