- 1an official agreement intended to resolve a dispute or conflict
- 2a place where people establish a community, typically one that has previously been uninhabited
Using settlement: Examples
Take a moment to familiarize yourself with how "settlement" can be used in various situations through the following examples!
The two parties reached a settlement in the lawsuit.
The government offered a settlement to the indigenous community.
The first European settlement in America was Jamestown.
The settlers built a small settlement in the valley.
The company established a new settlement in the remote region.
settlement Synonyms and Antonyms
Phrases with settlement
an agreement reached between parties to a lawsuit to resolve the matter without going to trial
They decided to reach an out-of-court settlement to avoid the expenses of a lengthy trial.
a community center that provides social services to residents of a low-income neighborhood
The settlement house offers free classes and activities for children and adults in the community.
the date on which a financial transaction is completed and the buyer takes ownership of the asset
The settlement date for the stock purchase is next Monday.
Summary: settlement in Brief
The term 'settlement' [ˈsɛtlmənt] refers to two main concepts. Firstly, it can denote an official agreement to resolve a dispute or conflict, as in 'The two parties reached a settlement in the lawsuit.' Secondly, it can refer to a place where people establish a community, such as 'The settlers built a small settlement in the valley.' Other phrases include 'out-of-court settlement,' 'settlement house,' and 'settlement date.'