His representatives said he had no comment beyond what was said in the document filed to the court. Buckingham Palace declined to comment on the settlement.
In a letter to US judge Lewis A Kaplan, Ms Giuffre's lawyer David Boies wrote jointly with Prince Andrew's lawyers to say the pair had reached "a settlement in principle".
A statement included with the letter read: "The parties will file a stipulated dismissal upon Ms Giuffre's receipt of the settlement (the sum of which is not being disclosed)."
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