Question

What do you mean by a settlement?​

Answer 1

Answer:

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.

Answer 2

Answer:

an official agreement intended to resolve a dispute or conflict.