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  2. Dictionary

    set·tle·ment
    [ˈsedlmənt]
    noun
    settlement (noun) · settlements (plural noun)
    1. an official agreement intended to resolve a dispute or conflict:
      "unions succeeded in reaching a pay settlement" · "the settlement of the Sino-Japanese war"
    2. a place, typically one that has hitherto been uninhabited, where people establish a community:
      "the little settlement of Buttermere"
      • the process of settling in a new community:
        "the early settlement of Queensland"
      • the action of allowing or helping people to establish settlements:
        "he was involved in the sale and settlement of land"
    3. law
      an arrangement whereby property passes to a succession of people as dictated by the settlor:
      "inheritance tax could be due if you make a substantial gift or settlement and then die within the following seven years"
      • the amount or property given.
    4. the action or process of settling an account:
      "most suppliers will offer early settlement discounts"
    5. subsidence of the ground or a structure built on it:
      "a boundary wall, which has cracked due to settlement, is to be replaced"
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  3. People also ask
    What does settlement mean?In civil lawsuits, settlement is an alternative to pursuing litigation through trial. Typically, it occurs when the defendant agrees to some or all of the plaintiff's claims and decides not to fight the matter in court. Usually, a settlement requires the defendant to pay the plaintiff some monetary amount.
    How do you use settlement in a sentence?A settlement is also an arrangement, often with payment of money, to end a legal disagreement without taking it to court: The actor agreed to a $100,000 settlement from the newspaper. The lawyer negotiated an out-of-court settlement of $2 million. in settlement of sth I wrote a check for $200 in settlement of my debts.
    What are the different types of settlements?There are four main types of settlements, each with its unique characteristics. Each type of settlement also has its advantages and disadvantages. The four main types are: urban, rural, compact, and dispersed. Urban settlements, or urbanized areas, are the most populated of the settlement types and usually consist of the largest land area.
    What is a settlement payment?A settlement is also an arrangement, often with payment of money, to end a legal disagreement without taking it to court: The actor agreed to a $100,000 settlement from the newspaper. The lawyer negotiated an out-of-court settlement of $2 million. in settlement of sth I wrote a check for $200 in settlement of my debts.
     
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