settlement

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♦♦ set|tle|ment /s'etəlmənt/ (settlements)
1 [N-COUNT] usu with supp
A settlement is an official agreement between two sides who were involved in a conflict or argument.
Our objective must be to secure a peace settlement...
They are not optimistic about a settlement of the eleven year conflict.
2 [N-COUNT] usu with supp
A settlement is an agreement to end a disagreement or dispute without going to a court of law, for example by offering someone money.
She accepted an out-of-court settlement of £4,000.
3 [N-UNCOUNT] usu N of n
The settlement of a debt is the act of paying back money that you owe.
...ways to delay the settlement of debts.
4 [N-COUNT] usu with supp
A settlement is a place where people have come to live and have built homes.
The village is a settlement of just fifty houses.

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