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settlement

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noun British English pronunciation: settlement /ˈset(ə)lmənt/ 
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singularsettlement
pluralsettlements
 
  1. 1
    [countable/uncountable] a formal agreement that ends a disagreement

    They are negotiating a peace settlement.

    the settlement of disputes between employers and employees

    Thesaurus entry for this meaning of  settlementThesaurus entry for this meaning of settlement
    1. a.
      an agreement that both sides involved in a legal disagreement accept or are forced to accept by a court

      He got the flat as part of their divorce settlement.

      an out-of-court settlement (=made without asking a court to decide)

      Thesaurus entry for this meaning of  settlementThesaurus entry for this meaning of settlement
  3. 3
    [countable/uncountable] the complete payment of an amount of money that you owe
    settlement of:

    Your duties include dealing with the settlement of guests’ accounts.

    in settlement (of something):

    Enclosed is a cheque in settlement of the bill.

    Thesaurus entry for this meaning of  settlementThesaurus entry for this meaning of settlement

This is the British English definition of settlement. View American English definition of settlement.

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