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walkaway settlement

walkaway settlement
 n.— «The original fen-phen suit was filed in Boone County, Ky., Circuit Court and settled when American Home Products, which manufactured and sold the drug combination, put up $200 million in what is called a “walkaway” settlement. That means it was settling any and all cases arising from its actions.» —“Chesley: Allegations unfounded” by Paul A. Long Cincinatti Post (Ohio) Apr. 6, 2007. (source: Double-Tongued Dictionary)

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