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   Set·tle·ment

   /ˈsedlmənt/

   

   noun

   • 1. an official agreement intended to resolve a dispute or conflict: "unions succeeded in reaching a pay settlement" Similar agreementdealarrangementresolutionaccommodationbargainunderstandingpactcompromisedecisionconclusiondetermination
   • ▪ a formal arrangement made between the parties to a lawsuit in order to resolve it, especially out of court: "the owner reached an out-of-court settlement with the plaintiffs" Similar resolutionsorting outsettlingsolutionsolvingbringing to an endworking outsmoothing overreconciliationsuccessful arbitration/mediation/brokeringinformal:patching uparchaic:composition
   • 2. a place, typically one that has hitherto been uninhabited, where people establish a community: "the little settlement of Buttermere" Similar communitycolonyoutpostencampmenttrading postpostvillagehamletkibbutzcommunepueblorancheriawerfkaingaterramarehistorical:plantation
   • ▪ the process of settling in a new community: "the early settlement of Queensland" Similar colonizationsettlingpopulatingpeoplinghistorical:plantation
   • ▪ the action of allowing or helping people to establish settlements: "he was involved in the sale and settlement of land"
   • 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 amount or property given.
   • 4. the action or process of settling an account: "most suppliers will offer early settlement discounts" Similar paymentdischargedefrayalliquidationsettlingsettling upclearanceclearingsatisfactionarchaic:reckoning
   • 5. subsidence of the ground or a structure built on it: "a boundary wall, which has cracked due to settlement, is to be replaced"

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