settlement
noun
[ ˈsɛt(ə)lm(ə)nt ]
• an official agreement intended to resolve a dispute or conflict.
• "unions succeeded in reaching a pay settlement"
Similar:
agreement,
deal,
arrangement,
resolution,
accommodation,
bargain,
understanding,
pact,
compromise,
decision,
conclusion,
determination,
• a place, typically one which has previously been uninhabited, where people establish a community.
• "one of the oldest Viking settlements in western Europe"
Similar:
community,
colony,
outpost,
encampment,
trading post,
post,
village,
hamlet,
kibbutz,
commune,
pueblo,
rancheria,
werf,
kainga,
terramare,
plantation,
• an arrangement whereby property passes to a succession of people as dictated by the settlor.
• "inheritance tax could be due if you make a substantial gift or settlement and then die within the following seven years"
• the action or process of settling an account.
• "most suppliers will offer early settlement discounts"
Similar:
payment,
discharge,
defrayal,
liquidation,
settling,
settling up,
clearance,
clearing,
satisfaction,
reckoning,
• subsidence of the ground or a structure built on it.
• "a boundary wall, which has cracked due to settlement, is to be replaced"
