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settlement

/ˈsɛtəlmənt/  ·  say it: SET·ul·muhnt

resolving a dispute by agreement before judgment

In Law & Justice

In more detail

1. (noun) an agreement that ends a disagreement or legal dispute

2. (noun) a small community or group of houses in a remote area

3. (noun) the process of paying a debt or bill

4. (noun) the act of moving to and establishing a new place to live

Examples

• 1. The two companies reached a settlement to avoid going to court.
• 2. The early settlers founded a small settlement near the river.
• 3. Payment must be made within 30 days of settlement.

Nearby in Law & Justice

paralegal, parole, power of attorney, slander, solicitor, summons