Read the dictionary definition of settlement. All definitions for this word.
1. termination of a business operation by using its assets to discharge its liabilities
2. the act of colonizing; the establishment of colonies
1. the British colonization of America
3. something settled or resolved; the outcome of decision making
1. they finally reached a settlement with the union
2. they never did achieve a final resolution of their differences
3. he needed to grieve before he could achieve a sense of closure
4. a conclusive resolution of a matter and disposition of it
5. a community of people smaller than a town
6. a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
1. the American colony in Paris
7. an area where a group of families live together