Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,881,727,403 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Qualified Settlement Fund
(redirected from 468B Settlement Fund)

    0.03 sec.
Qualified Settlement Fund
A fund into which a defendant in a lawsuit may deposit assets to pay multiple plaintiffs. Under a qualified settlement fund, the plaintiffs may not have agreed how to distribute the assets among themselves, but they have agreed that the defendant has no further liability to pay beyond what is in the qualified settlement fund. This means that the defendant cannot be forced to pay any more to settle the claim with the plaintiffs. The amount the defendant puts into a qualified settlement fund is tax deductible. Qualified settlement funds are also called 468B settlement funds or 468b settlement trusts.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?   Financial browser?   Full browser?
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.