Settlement | Mean of settlement in English Dictionary

/ˈsɛtl̟mənt/

• Noun
• a formal agreement or decision that ends an argument or dispute
1. I got the house in the divorce settlement.
2. The parties have not been able to reach/negotiate a settlement in the case.
3. an out-of-court settlement [=an agreement made to avoid a court case]
• an amount of money that someone receives as part of such an agreement
1. a cash settlement
2. a settlement of two million dollars = a two-million-dollar settlement
• the act or process of settling an argument or disagreement
1. We were hoping for a quick settlement of the dispute between the neighbors.

• the act of paying back money that is owed
1. the settlement of our debts
2. He paid $20,000 in settlement of a loan.
• a place where people have come to live and where few or no people lived before
1. English settlements in North America
2. This was the island's first colonial settlement.
• the act or process of moving to a new area or place to live there
1. The rifle played a big role in the early settlement of North America.
• a small village
1. They came upon the ruins of an ancient settlement.