# Cash settlement, financial settlement; monetary indemnity

- Canonical URL: https://www.gerhardmerk.de/cash-settlement-financial-settlement-monetary-indemnity
- Post ID: 590943
- Modified: 2023-07-25T21:01:11+00:00
- Language: en

## Definition

Generally, any onoff payment made by way of compensation for whichever claim. - The settlement of a non-monetary claim, such as a claim for delivery of goods under an option contract, by means of a one-time payment of a sum (any payment made by way of compensation for a legitimate claim). - In insurance, the replacement of an insured item that has perished by the payment of a corresponding amount to the insured (a benefit paid by an insurer for a loss insured under a policy). - See indemnity, obverse sum, detraction. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1