settlement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “settlement” in the English Dictionary

"settlement" in British English

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settlementnoun

uk   /ˈset.l̩.mənt/  us   /ˈset̬-/
  • settlement noun (AGREE)

C1 [C or U] an ​officialagreement that ​finishes an ​argument: It now ​seemsunlikely that it will be ​possible to negotiate/​reach a ​peaceful settlement of the ​conflict. As ​part of ​theirdivorce settlement, Jeff ​agreed to ​let Polly ​keep the ​house.C2 [C] an ​arrangement to end a ​disagreementinvolving a ​law having been ​broken, without taking it to a ​lawcourt, or an ​amount of ​moneypaid as ​part of such an ​arrangement: They reached an out-of-court settlement. The ​actoraccepted a settlement of $100,000 from the ​magazine.

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  • settlement noun (HOME)

C2 [C or U] a ​place where ​people come to ​live or the ​process of ​settling in such a ​place: A ​largeRoman settlement has been ​discovered just ​outside the ​Frenchtown. Many Native Americans were ​killed during the settlement of the American ​West by Europeans in the 19th ​century.
  • settlement noun (PAYMENT)

[C or U] the ​action of ​payingmoney to someone: The settlement of his ​debts took him several ​months. I ​enclose a ​cheque in settlement ofyourclaim.UK Her ​mother made a settlement on her (= made a ​formalarrangement to give her ​money) when she ​startedcollege.
  • settlement noun (MOVEMENT LOWER)

[U] the ​process of the ​slowsinking of a ​building or the ​ground
(Definition of settlement from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"settlement" in American English

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settlementnoun

 us   /ˈset̬·əl·mənt/
  • settlement noun (PAYMENT)

[C/U] payment of ​money that is ​owed: [U] We ​enclose a ​check in settlement of ​yourclaim.
  • settlement noun (PLACE TO LIVE)

[C/U] the ​act of going to ​live in a new ​place where few ​people have ​lived before, or the ​place where ​people have come to ​live: [U] Early settlement ​developed around a ​copper mine. [C] Permanent ​European settlements were ​established here in the 1830s.
  • settlement noun (AGREEMENT)

[C] an ​officialagreement that ​ends an ​argument: Both ​sides are ​working to ​negotiate a ​peace settlement. [C] A settlement is also an ​arrangement, often with ​payment of ​money, to end a ​legaldisagreement without taking it to ​court: The ​actoragreed to a $100,000 settlement from the ​newspaper.
(Definition of settlement from the Cambridge Academic Content Dictionary © Cambridge University Press)

"settlement" in Business English

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settlementnoun

uk   us   /ˈsetlmənt/
[C or U] an ​officialagreement or decision that ​ends an argument, often involving a ​payment of ​money: negotiate/​reach a settlement The ​lawyernegotiated an out-of-court settlement of $2 million.
[C or U] payment of a ​debt: in settlement of sth I ​wrote a ​check for $200 in settlement of my ​debts. Be sure to make ​full and ​final settlement by the ​repaymentdeadline.
[U] FINANCE, STOCK MARKET the ​process by which ​shares and ​money are ​exchanged at the end of a day of ​trading on a ​financialmarket: The Stock Exchange has an ​electronicshare settlement ​system.
[U] the ​process by which ​payments are made on cheques: This ​charge is made for the ​returnedchequedue to ​insufficientfunds for ​cheque settlement.
(Definition of settlement from the Cambridge Business English Dictionary © Cambridge University Press)
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“settlement” in Business English

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