SETTLEMENT

Definition of SETTLEMENT

(noun)a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
(noun)a community of people smaller than a town
(noun)a conclusive resolution of a matter and disposition of it
(noun)the act of colonizing; the establishment of colonies
(noun)something settled or resolved; the outcome of decision making
(noun)an area where a group of families live together
(noun)termination of a business operation by using its assets to discharge its liabilities