settlement
sett
ˈsɛt
set
lement
lmənt
lmēnt
/ˈsɛtlmənt/

Definition & Meaning of "settlement"in English

Settlement
01

an official agreement that puts an end to a dispute

settlement definition and meaning
Examples
The two companies reached a settlement that resolved the patent infringement lawsuit.
02

a community established by people living far from their homeland who retain nationality and cultural ties, without being governed by the home state

Grammatical Information
animacy status
inanimate
Composition
Compound
countable
plural form
settlements
Examples
The settlers established a settlement in a distant colony.
03

the process of making a new place as permanent residence by people

Examples
The first settlement in the region was established along the riverbank.
04

a small community, generally smaller than a town

Examples
The village is classified as a rural settlement.
05

the process of closing or terminating a business by using its assets to pay liabilities

Examples
The company entered settlement after bankruptcy proceedings.
06

an area where a group of families or people live together, often in a newly established community

Examples
The settlement grew rapidly as more families moved in.
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