Settlement: The meaning of SETTLEMENT

The meaning of SETTLEMENT is the act or process of settling. How to use settlement in a sentence. In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. A collective settlement is a settlement of multiple similar legal cases. [1] The term also has other meanings in the context of law. Structured settlements provide for future periodic payments, instead of a one-time cash payment. SETTLEMENT meaning: 1. an official agreement that finishes an argument: 2. an arrangement to end a disagreement…. Learn more.