Global settlement

Global settlement is a term used to describe an agreement between two or more people or countries. In global settlement, everyone involved agrees to certain rules and conditions that must be followed. This could include things like which country must pay money, who will take ownership of certain things, or how much time and effort each side will take to complete certain tasks. Global settlements are important because they can help make sure that everyone follows the agreement they made so that everyone gets what they want out of the deal.