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 formal agreement or decision that ends an argument or dispute also : an amount of money that someone receives as part of such an agreement. : the act or process of settling an argument or disagreement.
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