settlement

/ˈset.l.mənt/

The act of settling.

The state of being settled.

A colony that is newly established; a place or region newly settled.

A community of people living together, such as a hamlet, village, town, or city.

The gradual sinking of a building. Fractures or dislocations caused by settlement.

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.

A disposition of property, or the act of granting it.

A settled place of abode; residence; a right growing out of legal residence.

A resolution of a dispute.

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