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Word: settlement
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Meaning:
Noun:
- architecture The gradual sinking of a building. Fractures or dislocations caused by settlement.
- A colony that is newly established; a place or region newly settled.
- finance 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.
- legal A disposition of property, or the act of granting it.
- legal A resolution of a dispute.
- legal A settled place of abode; residence; a right growing out of legal residence.
- The state of being settled.
Source: Wiktionary
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