settlement

settlement
/'set(ə)lmənt/ noun
1. the payment of an account
we offer an extra 5% discount for rapid settlement we take a further 5% off the price if the customer pays quickly
settlement in cash or cash settlement payment of an invoice in cash, not by cheque
2. an agreement after an argument or negotiations
a wage settlement
to effect a settlement between two parties to bring two parties together to make them agree
▪▪▪
‘…he emphasised that prompt settlement of all forms of industrial disputes would guarantee industrial peace in the country and ensure increased productivity’ [Business Times (Lagos)]

Dictionary of banking and finance. 2015.

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  • settlement — set·tle·ment n 1: the act or process of settling 2 a: an agreement reducing or resolving differences; esp: an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree W. J. Brennan …   Law dictionary

  • Settlement — may refer to:* Consolidation (soil), settlement in soil * Human settlement, permanent community where people live ** Israeli settlement, communities inhabited by Israeli Jews in territory that came under Israel s control as a result of the 1967… …   Wikipedia

  • Settlement — Set tle*ment, n. 1. The act of setting, or the state of being settled. Specifically: [1913 Webster] (a) Establishment in life, in business, condition, etc.; ordination or installation as pastor. [1913 Webster] Every man living has a design in his …   The Collaborative International Dictionary of English

  • Settlement — steht für Settlement (Finanzwesen) Cash settlement Finanzbegriff Permanent Settlement, Steuerbegriff Siehe auch Act of Settlement Latin Settlement The Settlement Selkirk Settlement Settlement Indians …   Deutsch Wikipedia

  • settlement — [n1] decision, conclusion adjustment, agreement, arrangement, clearance, compact, compensation, completion, conclusion, confirmation, contract, covenant, deal, defrayal, determination, discharge, disposition, establishment, happy medium*,… …   New thesaurus

  • settlement — [set′ lmənt] n. 1. a settling or being settled (in various senses) 2. a new colony, or a place newly colonized 3. a) a small or isolated community; village b) a community established by the members of a particular religious or social group 4. an… …   English World dictionary

  • Settlement — (engl., spr. ßéttl ment), Niederlassung, Ansiedelung, Kolonie; auch Festsetzung, Vermächtnis, Anordnung, z. B. über Güterschluß oder Entail (s. d.). – S. (Toynbeehalle) heißt auch eine Ansiedelung akademisch gebildeter Männer in einem… …   Meyers Großes Konversations-Lexikon

  • Settlement — (engl., spr. ßéttlment), Niederlassung, Ansiedlung; Settler, Ansiedler …   Kleines Konversations-Lexikon

  • settlement — The transferring of property to another person or a gift. Under certain circumstances, settlements are void against the Trustee and are brought back into the bankruptcy estate. (Dictionary of Canadian Bankruptcy Terms) United Glossary of… …   Glossary of Bankruptcy

  • settlement — 1640s, act of fixing or steadying; from SETTLE (Cf. settle) (v.) + MENT (Cf. ment). Meaning colony is attested from 1690s; that of payment of an account is from 1729 …   Etymology dictionary

  • settlement — ► NOUN 1) the action or process of settling. 2) an official agreement intended to settle a dispute or conflict. 3) a place where people establish a community. 4) Law an arrangement whereby property passes to a person or succession of people as… …   English terms dictionary

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