settlement /ˈsɛ.təl.mənt/noun 12forms 1 noun12 •The act of settling. •A resolution of a dispute. •A mutual agreement to end a dispute without resorting to legal proceedings, also known as an out-of-court settlement or settling out of court. •a place where people have built homes and live together, from a few houses to a whole town •A colony that is newly established; a place or region newly settled. •A site where people used to live together in ancient times; an ancient simple kind of village. •The state of being settled. •The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into. •The gradual sinking of a building. Fractures or dislocations caused by settlement. •A disposition of property, or the act of granting it. •A settled place of abode; residence; a right growing out of legal residence. •(India, historical) An estate or district in Anglo-Indian Bengal where, instead of taking a quota of the year's produce, the government took a fixed sum several times a year from the local cultivators. formssettlements