Settlement is an act or process of settling or solving matters. It can be either taken as settling in a new place, making a home or settling a dispute or a discord between two parties. It can also be taken as establishment of an individual in a business or a new place. It can be settlement of a newly colonized region or country as well. In financial term, settlement can mean an arrangement or adjustment reached after negotiations. The frequently used settlement terms are divorce settlement, business and colony settlement.
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