Simple Definition of settlement
: a formal agreement or decision that ends an argument or dispute; also : an amount of money that someone receives as part of such an agreement
: the act or process of settling an argument or disagreement
: the act of paying back money that is owed
Full Definition of settlement
1 : the act or process of settling
2a : an act of bestowing or giving possession under legal sanctionb : the sum, estate, or income secured to one by such a settlement
4 : settlement house
5 : an agreement composing differences
6 : payment or adjustment of an account
Examples of settlement
I got the house in the divorce settlement.
The parties have not been able to reach a settlement in the case.
We were hoping for a quick settlement of the dispute between the neighbors.
English settlements in North America.
This was the island's first colonial settlement.
They came upon the ruins of an ancient settlement.
First Known Use of settlement
SETTLEMENT Defined for Kids
Definition of settlement
1 : a formal agreement that ends an argument or dispute
2 : final payment (as of a bill)
3 : the act or fact of establishing colonies <the settlement of New England>
4 : a place or region newly settled
5 : a small village
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