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Settlement

ˈsɛtlm(ə)nt

Settlement definitions
noun
settlement settlements
  1. an official agreement intended to resolve a dispute or conflict

    "unions succeeded in reaching a pay settlement"

    • a formal arrangement made between the parties to a lawsuit in order to resolve it, especially out of court

      "the award was made as an out-of-court settlement by the driver's insurance firm"

  2. a place, typically one which has previously been uninhabited, where people establish a community

    "one of the oldest Viking settlements in western Europe"

    • the process of establishing a settlement or settlements

      "a continent where settlement is at the mercy of geography"

    • the action of allowing or helping people to establish settlements

      "the settlement of immigrants in the occupied territories"

  3. an arrangement whereby property passes to a succession of people as dictated by the settlor

    "inheritance tax could be due if you make a substantial gift or settlement and then die within the following seven years"

    • the property given under a settlement
  4. the action or process of settling an account

    "most suppliers will offer early settlement discounts"

  5. subsidence of the ground or a structure built on it

    "a boundary wall, which has cracked due to settlement, is to be replaced"