Legal agreement to pay a designated person, usually someone who has been injured, a specified sum of money in periodic payments, usually for his or her lifetime, instead of in a single lump sum payment. (See Annuity )

"Structured Settlement" In Context

"Imperial Holdings, Inc. (NYSE:IFT - News) ("Imperial"), a specialty finance company with a focus on providing liquidity solutions on individual life insurance policies and purchasing structured settlement payments, today announced that it has ..."