Oregon Statutes - Chapter 17 - Compromise; Settlement - Section 17.065 - Definitions for ORS 17.065 to 17.085.

As used in ORS 17.065 to 17.085, unless the context requires otherwise:

(1) “Compromise” means an agreement to allow judgment to be given for a sum or value specified.

(2) “Employer” includes any agent or representative of an employer.

(3) “Release” means an agreement to abandon a claim or right to the person against whom the claim exists.

(4) “Settlement” means an agreement to accept as full and complete compensation for a claim a sum or value specified. [1975 c.512 §1; 1979 c.284 §49]

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Last modified: August 7, 2008