Offer of Compromise Law and Legal Definition
Offer of compromise is a voluntary offer by one party to another in a dispute so as to amicably settle the dispute and thus to avoid or end a lawsuit or other legal action. This term is also known as offer of settlement. In an offer of compromise, usually the dispute is amicably settled by paying money. An offer to compromise is usually not admissible at trial as an evidence of the offering party’s liability.
