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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.
After months of negotiations, the labor union and management finally signed a settlement to avoid a strike.
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.
Trade between the settlement and the homeland remained active.
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.
The European settlement of North America changed the course of history.
04
a small community, generally smaller than a town
Examples
The village is classified as a rural settlement.
A new settlement emerged near the river.
05
the process of closing or terminating a business by using its assets to pay liabilities
Examples
The company entered settlement after bankruptcy proceedings.
Creditors were paid through the settlement of the business.
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.
Over time, the settlement evolved into a bustling town.
Lexical Tree
resettlement
settlement
settle
