Settlement meaning

noun

1. 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

   “the American colony in Paris”

   Synonymscolony

2. a community of people smaller than a town

   Synonymsvillagesmall town

3. a conclusive resolution of a matter and disposition of it

4. the act of colonizing; the establishment of colonies

   “the British colonization of America”

   Synonymscolonizationcolonisation

5. something settled or resolved; the outcome of decision making

   “they finally reached a settlement with the union”

   “they never did achieve a final resolution of their differences”

   Synonymsresolutionclosure

6. an area where a group of families live together

7. termination of a business operation by using its assets to discharge its liabilities

   Synonymsliquidation