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recorded agreement of parties to a lawsuit concerning the form the judgment should take. Such a contract cannot be nullified without consent of the parties, except for fraud or mistake. Consent judgments have the same force as any other judgment. Because the agreement of the parties waives exception to irregularities before agreement, appeal from a consent judgment is limited to attack for mistake, fraud or lack of jurisdiction.
CONSENT DECREE the counterpart of a consent judgment issued in a court of equity; only as binding as any other equitable remedy. For instance, in antitrust cases, the court can modify a consent decree according to changed circumstances.
CONSENT ORDER any court order to which the opposing party agrees; in antitrust law, an agreement between the Federal Trade Commission and a party being investigated; the party consents to cease activities that could be subject of antitrust action and the FTC refrains from initiating suit.
Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; © 2016