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SourceLaw Dictionary Browse Letter H

High Low Agreement

Legal definition for Indian law research

Definition

high-low agreement


: a settlement that is contingent on a jury's award of damages and that sets a minimum amount that the defendant will pay the plaintiff if the award is below that amount and a maximum amount that the defendant will pay if the award is above that amount




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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