👉 Non-settlement is a legal concept in contract law that refers to an agreement between two parties where one party has not fulfilled their obligations under the contract. In other words, a non-settled dispute means that the underlying issue or disagreement between the parties has not been resolved at any stage of the contract. The term "nonsettlement" is used when both parties in a contract have agreed to the terms and conditions of the agreement without resolving any issues related to it. If one party fails to