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settlement

 - 5 dictionary results

set⋅tle⋅ment

[set-l-muhnt]
–noun
1. the act or state of settling or the state of being settled.
2. the act of making stable or putting on a permanent basis.
3. a state of stability or permanence.
4. an arrangement or adjustment, as of business affairs or a disagreement.
5. an agreement signed after labor negotiations between union and management.
6. the terms reached in this agreement.
7. the settling of persons in a new country or place.
8. a colony, esp. in its early stages.
9. a small community, village, or group of houses in a thinly populated area.
10. a community formed and populated by members of a particular religious or ideological group: a Shaker settlement.
11. the satisfying of a claim or demand; a coming to terms.
12. Law.
a. final disposition of an estate or the like.
b. the settling of property, title, etc., upon a person.
c. the property so settled.
13. British.
a. legal residence in a specific place.
b. (of a pauper) the right to claim food and shelter from an official agency or specific town or district.
14. Also called settlement house. Social Work. an establishment in an underprivileged area providing social services to local residents.
15. a subsidence or sinking of all or part of a structure.

Origin:
1620–30; settle 1 + -ment
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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set·tle·ment   (sět'l-mənt)   
n.  
  1. The act or process of settling.

    1. Establishment, as of a person in a business or of people in a new region.

    2. A newly colonized region.

    3. Transfer of property to provide for the future needs of a person.

    4. Property thus transferred.

  2. A small community.

  3. An arrangement, adjustment, or other understanding reached, as in financial or business proceedings: a divorce settlement.

  4. Law

    1. Transfer of property to provide for the future needs of a person.

    2. Property thus transferred.

  5. A center providing community services in an underprivileged area. Also called settlement house.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

settlement 
1645, "act of fixing or steadying;" from settle (v.). Meaning "colony" is attested from 1697; that of "payment of an account" is from 1729
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

settlement

The transfer of the security (for the seller) or cash (for the buyer) in order to complete a security transaction. See also delayed settlement, early settlement.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: set·tle·ment
Function: noun
1 : the act or process of settling
2 a : an agreement reducing or resolving differences; especially : an agreement between litigants that concludes the litigation settlement and a consent decree —W. J. Brennan, Junior> settlement prior to the divorce> b : a formal and permanent grant or conveyance c : the sum, estate, or income granted or paid under a settlement settlements —J. H. Friedenthal et al.>
3 : CLOSING <settlement costs>
4 : the transfer of funds between a payor bank and a collecting bank in order to complete transactions for customers
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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