Terms Used In CFR > Title 27 > Chapter I > Subchapter A > Part 28 > Subpart C > Foreign-Trade Zones

• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.