settlement

noun
set·​tle·​ment | \ ˈse-tᵊl-mənt How to pronounce settlement (audio) \

Definition of settlement

1 : the act or process of settling
2a : an act of bestowing or giving possession under legal sanction
b : the sum, estate, or income secured to one by such a settlement
3a : occupation by settlers
b : a place or region newly settled
c : a small village
5 : an agreement composing differences
6 : payment or adjustment of an account

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Examples of settlement in a Sentence

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.
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Recent Examples on the Web The settlement shields members of the billionaire Sackler family, who own Purdue Pharma, and many of their associates, from future opioid lawsuits. Martin E. Comas, orlandosentinel.com, 12 July 2021 Last August, a judge approved a $60 million settlement that resolved claims made against all the directors on Tesla’s board except Musk without any admission of fault. Paul Wiseman, Anchorage Daily News, 12 July 2021 Notices will be mailed to about 15,000 households, and the settlement will be advertised locally and online. Brooks Johnson, Star Tribune, 12 July 2021 And members of the Sackler family that control the company will boost their nearly $4.3 billion settlement payout by another $50 million, which will be used to reimburse states, cities, and tribes for various costs. Ed Silverman, STAT, 12 July 2021 Last August, a judge approved a $60 million settlement that resolved claims made against all the directors on Tesla's board except Musk without any admission of fault. Tom Krisher, ajc, 12 July 2021 Last August, a judge approved a $60 million settlement that resolved claims made against all the directors on Tesla’s board except Musk without any admission of fault. Tom Krisher, USA TODAY, 12 July 2021 Last August, a judge approved a $60 million settlement that resolved claims made against all the directors on Tesla's board except Musk without any admission of fault. CBS News, 12 July 2021 The goal of the extension was to allow settlement negotiations to continue. Alison Dirr, Milwaukee Journal Sentinel, 10 July 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'settlement.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of settlement

1648, in the meaning defined at sense 1

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Time Traveler for settlement

Time Traveler

The first known use of settlement was in 1648

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Statistics for settlement

Last Updated

14 Jul 2021

Cite this Entry

“Settlement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/settlement. Accessed 24 Jul. 2021.

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More Definitions for settlement

settlement

noun

English Language Learners 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

settlement

noun
set·​tle·​ment | \ ˈse-tᵊl-mənt How to pronounce settlement (audio) \

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

settlement

noun
set·​tle·​ment

Legal Definition of settlement

1 : the act or process of settling
2a : an agreement reducing or resolving differences especially : an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree — W. J. Brennan, Jr. entered into a property settlement prior to the divorce
b : a formal and permanent grant or conveyance
c : the sum, estate, or income granted or paid under a settlement if the monetary limits of a defendant's insurance policy can be discovered in order to obtain reasonable settlements— J. H. Friedenthal et al.
3 : closing settlement costs
4 : the transfer of funds between a payor bank and a collecting bank in order to complete transactions for customers

More from Merriam-Webster on settlement

Nglish: Translation of settlement for Spanish Speakers

Britannica English: Translation of settlement for Arabic Speakers

Britannica.com: Encyclopedia article about settlement

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