Settlement.
Settlement. Compromise, adjustment, cancellation, or charge-off of a debt owed to the Agency. The term settlement is used to refer to any of these actions, whether individually or collectively.
Source
7 CFR § 1752.3
Scoping language
The terms and conditions provided in this section are applicable to this part only. All financial terms not defined in this section shall have the commonly-accepted meaning under Generally Accepted Accounting Principles.