settlement >> ˈsɛt(ə)lm(ə)nt
Definition: [noun] an official agreement intended to resolve a dispute or conflict.
Example: unions succeeded in reaching a pay settlement
Definition: [noun] a place, typically one which has previously been uninhabited, where people establish a community.
Example: one of the oldest Viking settlements in western Europe
Definition: [noun] an arrangement whereby property passes to a succession of people as dictated by the settlor.
Example: inheritance tax could be due if you make a substantial gift or settlement and then die within the following seven years
Definition: [noun] the action or process of settling an account.
Example: most suppliers will offer early settlement discounts
Definition: [noun] subsidence of the ground or a structure built on it.
Example: a boundary wall, which has cracked due to settlement, is to be replaced