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Noun

property settlement - (matrimonial law) the division of property owned or acquired by marriage partners during their marriage

matrimonial law - that branch of jurisprudence that studies the laws governing matrimony

settlement - a conclusive resolution of a matter and disposition of it

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References in periodicals archive

Aside from their custody battle, the private judge will have to sort out their property settlement. The arrangement over their assets, liabilities and financial resources will be of importance as the two do not have a prenup, as stated in the report.

Angelina Jolie, Brad Pitt to battle over custody of kids in 'private' trial - reports

But the Oscar-winning writer-producer and the Golden Globe-winning actress, who have three school-aged children, have reportedly reached a property settlement and will continue co-parenting through a joint custody agreement, the site said.

Jennifer Garner, Ben Affleck finalising divorce soon

People close to Ben and Jennifer said that the former couple has also reached a property settlement.

Ben Affleck, Jennifer Garner finally settle divorce

It's not the first time the judge has found Lewis in willful contempt during the disputed payout in the property settlement from his November 2012 divorce.

Lewis Update

In terms of a property settlement, it was reported at the time there was a pot of about $400million to split.

Hasta la vista(maybe); Arnie and wife are still not divorced - seven years on

In the short petition, George says: "Custody battles are rife and allegations of domestic violence have been misused (by a few women) to gain an upper hand in custody and property settlement battles." George also complained about losing his home, which cost AUD0.6 million (S7.7 million).

Australian police probe death of Kenyan woman, children

After a four-year marriage, decedent Declan Irving obtained a divorce that included a property settlement agreement.

Initialed statement not a codicil

TMZ also reported that the pair had a prenup and have already worked out a property settlement.

Start of the end for Khloe and Lamar

"And on top of that of course they are looking into issues of property settlement and so on, which will all know that it is a broader issue than just that.

Eide: there is no let-up in Cyprus talks [VIDEO]