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Settlement
01
an official agreement that puts an end to a dispute
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
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.
Lexical Tree
resettlement
settlement
settle
