Definition, Meaning & Synonyms
settlement
noun
/ˈsɛt(ə)lmənt/
Definition
The act of reaching an agreement or resolving a dispute.
Examples
- The two parties reached a settlement after several months of negotiation.
- The old settlement was founded in the 18th century and still exists today.
- After the lawsuit, they came to a fair settlement that satisfied both sides.
Meaning
A settlement can refer to the establishment of a community or the resolution of a legal case.
Synonyms
- Agreement
- Resolution
- Arrangement
- Compromise
- Conclusion