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black box settlement

black box settlement
 n.— «“This is what industry calls a ‘black box’ settlement,” said Jim Greenwood, director of the Office of Consumer Counsel, which participated in the settlement. “What it means is that although the parties could agree on a revenue number, they disagreed on certain principles.”» —“Electric bills may rise 7.7% in Jan.” by Gargi Chakrabarty Rocky MOuntain News (Denver, Colorado) Oct. 21, 2006. (source: Double-Tongued Dictionary)

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