What is the meaning of Settlement?

The act of settling.

The state of being settled.

A colony that is newly established; a place or region newly settled (even in past times).

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

A site where people used to live together in ancient times; an ancient simple kind of village.

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.

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.

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.

Source: wiktionary.org