settlement

noun

1. The act of settling.
2. The state of being settled.
3. A colony that is newly established; a place or region newly settled.
4. A community of people living together, such as a hamlet, village, town, or city; a populated place.
5. A site where people used to live together in ancient times; an ancient simple kind of village.
6. The gradual sinking of a building. Fractures or dislocations caused by settlement.
7. 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.
8. A disposition of property, or the act of granting it.
9. A settled place of abode; residence; a right growing out of legal residence.
10. A resolution of a dispute.
11. 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.
12. 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.