settlement

American  

[set-l-muhnt] / ˈsɛt l mənt /

noun

1. the act or state of settling or the state of being settled.

2. the act of making stable or putting on a permanent basis.

3. a state of stability or permanence.

4. an arrangement or adjustment, as of business affairs or a disagreement.

5. an agreement signed after labor negotiations between union and management.

6. the terms reached in this agreement.

7. the settling of persons in a new country or place.

8. a colony, especially in its early stages.

9. a small community, village, or group of houses in a thinly populated area.

10. a community formed and populated by members of a particular religious or ideological group.

    a Shaker settlement.

11. the satisfying of a claim or demand; a coming to terms.

12. Law.

    1. final disposition of an estate or the like.

    2. the settling settle settling of property, title, etc., upon a person.

    3. the property so settled. settle.

13. British.

    1. legal residence in a specific place.

    2. (of a pauper) the right to claim food and shelter from an official agency or specific town or district.

14. Also called settlement house.  Social Work. an establishment in an underprivileged area providing social services to local residents.

15. a subsidence or sinking of all or part of a structure.

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settlement British  

/ ˈsɛtəlmənt /

noun

1. the act or state of settling or being settled

2. the establishment of a new region; colonization

3. a place newly settled; colony

4. a collection of dwellings forming a community, esp on a frontier

5. a community formed by members of a group, esp of a religious sect

6. a public building used to provide educational and general welfare facilities for persons living in deprived areas

7. a subsidence of all or part of a structure

8. 1. the payment of an outstanding account, invoice, charge, etc

   2. ( as modifier )

      settlement day

9. an adjustment or agreement reached in matters of finance, business, etc

10. law

    1. a conveyance, usually to trustees, of property to be enjoyed by several persons in succession

    2. the deed or other instrument conveying such property

    3. the determination of a dispute, etc, by mutual agreement without resorting to legal proceedings

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Other Word Forms

• nonsettlement noun
• oversettlement noun
• presettlement noun
• resettlement noun

Etymology

Origin of settlement

First recorded in 1620–30; settle ¹ + -ment

Example Sentences

Much like prediction-market contracts, these derivatives either pay a set cash settlement or nothing at all.

From The Wall Street Journal

The region once belonged to the Austro-Hungarian Empire but was ceded to Italy as part of a First World War settlement.

From Barron's

He said on Saturday that he still needs to work out a settlement in that matter.

From The Wall Street Journal

Unless a settlement is reached, the dispute is heading for court later this summer, with the restaurant challenging the non-renewal of its lease.

From BBC

The company’s accounting practices were later investigated by the Securities and Exchange Commission, and Ives was part of a 2022 settlement with the commission.

From Barron's

Related Words

• agreement
• arrangement
• compensation
• contract
• deal
• establishment
• payment
• resolution