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

First recorded in 1920–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018