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Definition of “settle for sth” - English 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 Learners Dictionary & Thesaurus © Cambridge University Press)

"settle for sth" in Business English

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settle for sth

phrasal verb with settle uk   us   /ˈsetl/ 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)
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