What do you mean by a settlement?
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The definition of a settlement is an agreement that resolves a dispute, an agreement officially transferring real estate to a new party, or people making a home in a new place where no one has lived before. An example of a settlement is when divorcing parties agree on how to split up their assets.
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a place that a group of people have built and live in, where few or no people lived before; the process of people starting to live in a place
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