settlement */*/

UK [ˈset(ə)lmənt] / US noun
Word forms "settlement":
singular settlement plural settlements

1)

a) [countable/uncountable] a formal agreement that ends a disagreement

They are negotiating a peace settlement.

the settlement of disputes between employers and employees

b) an agreement that both sides involved in a legal disagreement accept or are forced to accept by a court

He got the flat as part of their divorce settlement.

an out-of-court settlement (= made without asking a court to decide)

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Collocations:
Adjectives frequently used with settlement
▪  amicable, final, negotiated, out-of-court, peaceful, political

2)

a) [countable] a place where people have come to live permanently, usually when there were very few people living there before

They discovered the remains of an early Anglo-Saxon settlement.

b) [uncountable] the process of going to live in a place with few people and starting to make it into a community

3) [countable/uncountable] the complete payment of an amount of money that you owe

settlement of:

Your duties include dealing with the settlement of guests' accounts.

in settlement (of something):

Enclosed is a cheque in settlement of the bill.

4) [countable/uncountable] money or property that you legally give to someone

5) [uncountable] the process by which the ground or a building gradually sinks down

You can expect some settlement over time.