|n.||1.||A mutual agreement to refer matters in dispute to the decision of arbitrators.|
|2.||A settlement by arbitration or by mutual consent reached by concession on both sides; a reciprocal abatement of extreme demands or rights, resulting in an agreement.|
All government, indeed every human benefit and enjoyment, every virtue and every prudent act, is founded on compromise and barter.
|3.||A committal to something derogatory or objectionable; a prejudicial concession; a surrender; |
|v. t.||1.||To bind by mutual agreement; to agree.|
|2.||To adjust and settle by mutual concessions; to compound.|
|3.||To pledge by some act or declaration; to endanger the life, reputation, etc., of, by some act which can not be recalled; to expose to suspicion.|
|v. i.||1.||To agree; to accord.|
|2.||To make concession for conciliation and peace.|
|Noun||1.||compromise - a middle way between two extremes|
Synonyms: via media
|2.||compromise - an accommodation in which both sides make concessions; "the newly elected congressmen rejected a compromise because they considered it `business as usual'"|
|Verb||1.||compromise - make a compromise; arrive at a compromise; "nobody will get everything he wants; we all must compromise"|
|2.||compromise - settle by concession|
|3.||compromise - expose or make liable to danger, suspicion, or disrepute; "The nuclear secrets of the state were compromised by the spy"|
COMPROMISE, contracts. An agreement between two or more persons, who, to
avoid a lawsuit, amicably settle their differences, on such terms as they
can agree upon. Vide Com. Dig. App. tit. Compromise.
2. It will be proper to consider, 1. by whom the compromise must be made; 2. its form; 3. the subject of the compromise; 4. its effects.
3. It must be made by a person having a right and capacity to enter into the contract, and carry out his part of it, or by one having lawful authority from such person.
4. The compromise may be by parol or in writing, and the writing may be under seal or not: though as a general rule a partner cannot bind his copartner by deed, unless expressly authorized, yet it would seem that a compromise with the principal is an act which a partner may do in behalf of his copartners, and that, though under seal, it would conclude the firm. 2 Swanst. 539.
5. The compromise may relate to a civil claim, either as a matter of contract, or for a tort, but it must be of something uncertain; for if the debt be certain and undisputed, a payment of a part will not, of itself, discharge the whole. A claim connected with a criminal charge cannot be compromised. 1 Chit. Pr. 17. See Nev. & Man. 275.
6. The compromise puts an end to the suit, if it be proceeding, and bars any Suit which may afterwards be instituted. It has the effect of res judicata. 1 Bouv. Inst. n. 798-9.
7. In the civil law, a compromise is an agreement between two or more persons, who, wishing to settle their disputes, refer the matter, in controversy to arbitrators, who are so called because those who choose them give them full powers to arbitrate and decide what shall appear just and reasonable, to put an end -to the differences of which they are made the judges. 1 Domat, Lois Civ. lib. h.t. 14. Vide Submission; Ch. Pr. Index, h.t.