Meaning of “settle for sth” in the English Dictionary

british dictionary

"settle for sth" in British English

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settle for sth

phrasal verb with settle uk /ˈset.əl/ us /ˈset̬.əl/ verb

to accept or agree to something, or to decide to have something, although it is not exactly what you want or it is not the best:

They were hoping to sell their car for £2,000, but settled for £1,500.
He wants a full refund and he won't settle for anything less.
She never settles for second best.

(Definition of “settle for sth” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"settle for sth" in Business English

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settle for sth

phrasal verb with settle uk /ˈsetl/ us verb

to accept something that is less than you hoped for:

They asked for a 5% salary increase, but had to settle for 3%.

(Definition of “settle for sth” from the Cambridge Business English Dictionary © Cambridge University Press)