settlement
An agreement to end a fight or problem between people or groups.
An official agreement reached between two or more parties to resolve a dispute or lawsuit without continuing legal action.
A place where people have started to live and build homes.
A small community or village where people have come to live and build homes, often in a new or remote area.
The act of paying the money you owe to finish a deal or debt.
The act of paying money owed or completing a financial transaction to close an account or obligation.
When land or buildings slowly sink lower over time.
The slow sinking or subsiding of land or a building over time, often due to changes in the ground beneath it.
- Base: settlement
- Plural: settlement, settlements
final settlement
1Last payment made for debt or deal
The last payment needed to finish paying what you owe.
- He made the final settlement by bank transfer.
- Final settlement must be completed within 14 days.
out-of-court settlement
1Legal case resolved without trial
An agreement that ends a legal case without going to court.
- They agreed to an out-of-court settlement to avoid high legal fees.
- An out-of-court settlement was reached yesterday.
reach a settlement
1Agree to resolve a dispute
To agree on how to end an argument or legal case.
- After weeks of talks, they finally reached a settlement.
- Both sides are eager to reach a settlement before trial.