Definition, Meaning & Synonyms
nuisance-value
noun
/ˈnjuːsəns ˈvæljuː/
Definition
A legal term referring to the worth of a claim against an entity that may not have significant merit but is used to extract a settlement or other concession.
Examples
- The company’s nuisance-value claims were strategically used to negotiate a favorable settlement.
- She decided to pay the nuisance-value lawsuit instead of spending months in court.
Meaning
Nuisance-value indicates the value of resolving a dispute out of court because the costs and inconvenience of litigation are considered greater than settling, despite the weak nature of the claim.
Synonyms
- Settlement-value
- Litigation-cost
- Compromise-value
