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consent decree

noun, Law.
1.
an agreement, approved by the court, pursuant to which the defendant ceases activities alleged by the government to be illegal and the government's action is dropped, especially in antitrust and other regulatory matters.
2.
an agreement made in court by the parties to settle a suit in equity.
Origin of consent decree
1920-1925
1920-25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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