A settlement is a voluntary binding agreement that resolves the differences between the parties to a lawsuit. It is put in writing in a document that is sometimes called a "stipulation". In a settlement you can help determine the outcome of a case. In a trial, only a Judge decides its outcome. However, no one can force you to settle a case.
Note: No case should be settled unless and until the settlement has been reviewed by a Judge and you understand the terms of the agreement.