Legal
Release
A release is the document a claimant signs at settlement giving up all further claims arising from the incident, in exchange for the agreed payment.
It is permanent and comprehensive. Read what it covers — some releases extend to parties beyond the one paying you.
Do not sign until you understand it and your attorney has approved it.
Related terms
- Settlement — A settlement is an agreement resolving a claim for an agreed sum, in exchange for which the claimant signs a release permanently giving up the right to pursue it further.
- Disbursement — Disbursement is the payment of settlement funds out of an attorney's trust account, following the order of attorney fees and costs, then liens, then the claimant's remaining share.
Need the money rather than the definition?
Apply in two minutes, or call 813-798-5528 and we will explain any of this on the phone.