1. a place where people establish a community or colony
2. an agreement that ends a dispute or legal case
3. the payment of money owed

Examples

• The early settlement struggled through its first harsh winter.
• They reached a settlement out of court to avoid a lengthy trial.
• The insurance company offered a generous settlement for the accident claim.
• European settlement of the American West occurred throughout the 1800s.
• The small settlement grew into a thriving town over several decades.
• Both parties agreed to the terms of the settlement.
• Final settlement of the debt is due by the end of the month.