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Meaning of SETTLEMENT

Pronunciation:  'setl munt

WordNet Dictionary
 
 Definition: 
  1. [n]  termination of a business operation by using its assets to discharge its liabilities
  2. [n]  the act of colonizing; the establishment of colonies; "the British colonization of America"
  3. [n]  something settled or resolved; the outcome of decision making; "the finally reached a settlement with the union"; "they never did achieve a final resolution of their differences"
  4. [n]  a conclusive resolution of a matter and disposition of it
  5. [n]  a community of people smaller than a town
  6. [n]  a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
  7. [n]  an area where a group of families live together
 
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 Synonyms: colonisation, colonization, colony, liquidation, resolution, small town, village
 
 See Also: accommodation, accord and satisfaction, agreement, body, Calpe, colonial, community, conclusion, conclusion, constitution, deciding, decision making, Demerara, ending, establishment, formation, frontier settlement, geographic area, geographic region, geographical area, geographical region, Gibraltar, hamlet, organisation, organization, out-of-court settlement, outpost, Plantation, Plymouth Colony, population, property settlement, proprietary colony, Rock of Gibraltar, termination, understanding, viatical settlement, viaticus settlement, village

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Set"tle*ment\, n.
1. The act of setting, or the state of being settled.
   Specifically:
   (a) Establishment in life, in business, condition, etc.;
       ordination or installation as pastor.
             Every man living has a design in his head upon
             wealth power, or settlement in the world.
                                               --L'Estrange.
   (b) The act of peopling, or state of being peopled; act of
       planting, as a colony; colonization; occupation by
       settlers; as, the settlement of a new country.
   (c) The act or process of adjusting or determining;
       composure of doubts or differences; pacification;
       liquidation of accounts; arrangement; adjustment; as,
       settlement of a controversy, of accounts, etc.
   (d) Bestowal, or giving possession, under legal sanction;
       the act of giving or conferring anything in a formal
       and permanent manner.
             My flocks, my fields, my woods, my pastures
             take, With settlement as good as law can make.
                                               --Dryden.
   (e) (Law) A disposition of property for the benefit of
       some person or persons, usually through the medium of
       trustees, and for the benefit of a wife, children, or
       other relatives; jointure granted to a wife, or the
       act of granting it.
2. That which settles, or is settled, established, or fixed.
   Specifically:
   (a) Matter that subsides; settlings; sediment; lees;
       dregs. [Obs.]
             Fuller's earth left a thick settlement.
                                               --Mortimer.
   (b) A colony newly established; a place or region newly
       settled; as, settlement in the West.
   (c) That which is bestowed formally and permanently; the
       sum secured to a person; especially, a jointure made
       to a woman at her marriage; also, in the United
       States, a sum of money or other property formerly
       granted to a pastor in additional to his salary.
3. (Arch.)
   (a) The gradual sinking of a building, whether by the
       yielding of the ground under the foundation, or by the
       compression of the joints or the material.
   (b) pl. Fractures or dislocations caused by settlement.
4. (Law) A settled place of abode; residence; a right growing
   out of residence; legal residence or establishment of a
   person in a particular parish or town, which entitles him
   to maintenance if a pauper, and subjects the parish or
   town to his support. --Blackstone. Bouvier.
{Act of settlement} (Eng. Hist.), the statute of 12 and 13
   William III, by which the crown was limited to the present
   reigning house (the house of Hanover). --Blackstone.
 
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Legal Dictionary
 
 Definition: An agreement between the parties disposing of a lawsuit.
 
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