Settlement

Pronunciation

• IPA: /ˈset.l.mÉ™nt/

Origin

settle + -ment

Full definition of settlement

Noun

1. The state of being settled.
2. A colony that is newly established; a place or region newly settled.
3. A community of people living together, such as a hamlet, village, town, or city.
4. (architecture) The gradual sinking of a building. Fractures or dislocations caused by settlement.
5. (finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.
6. (legal) A disposition of property, or the act of granting it.
7. (legal) A settled place of abode; residence; a right growing out of legal residence.
8. (legal) A resolution of a dispute.

Synonyms

• (A resolution of a dispute) arrangement

Hyponyms

Related terms

• settler

Derived terms

• settlement agreement