Which term refers to an agreement reached to resolve a legal dispute?

The term that specifically refers to an agreement reached to resolve a legal dispute is "Settlement." A settlement is a legally binding agreement between parties to a dispute, where they agree to resolve their conflict without going to trial. This often involves one party agreeing to pay a sum of money to the other, or agreeing to take certain actions, typically in exchange for the other party relinquishing further claims related to the dispute.

While terms like "compromise" and "reconciliation" may be involved in resolving disputes, they do not specifically denote a formal agreement in a legal context. "Dispute resolution" is a broader concept that includes various methods of resolving conflicts, such as mediation and arbitration, but does not refer directly to the agreement itself. Therefore, "Settlement" is the most precise term to describe an agreement that concludes a legal dispute.