1.1A formal arrangement made between the parties to a lawsuit in order to resolve it, especially out of court.
‘the award was made as an out-of-court settlement by the driver's insurance firm’
‘During the trial, the court once suggested the parties reach a friendly settlement, which the plaintiffs accepted in order to relieve the aging women, but the government rejected it.’
‘A district court judge has rejected Microsoft's proposed settlement in the private law suits brought against the company.’
‘It is a matter for the parties and their legal advisers whether or not to start proceedings at all and, if so, whether to seek to reach a settlement before formal proceedings begin.’
‘However a recent study reveals that a full apology is more likely to result in the quick settlement of lawsuits.’
‘He tried to negotiate a settlement of the unfiled lawsuit.’
‘Microsoft and Caldera announced they have reached a mutually agreeable settlement of an antitrust lawsuit filed by Caldera in July 1996.’
‘Last July the professor wrote to inform the Association that he had reached an out-of court settlement with the university.’
‘Here in Australia there have been no court awards to individual smokers, and only two out-of-court settlements.’
‘Commentators have suggested that no drug company has yet lost a case in the British courts, although there have been some out-of-court settlements.’
‘That decision was challenged by Eircom in the High Court and a settlement was subsequently reached.’
‘Last month, the Japanese high court told the two parties to reach a settlement that would leave Nichia still standing.’
‘They reached an out-of-court settlement, but I understand that they received compensation for their troubles.’
‘Ought the court to enforce the settlement arrived at?’
‘Lawsuits and a settlement totaling $13 billion resulted in front-page coverage.’
‘As a result, just last week, the parties to this long-running class action reached a settlement.’
‘Three of the plaintiffs reached settlements of their cases out of court.’
‘In July of 2004, counsel negotiated a settlement between the parties.’
‘Quiet settlements and sealed court records are not necessarily sinister.’
‘Company and labour officials reached a settlement to the pay dispute under which a month's salary will be paid this week.’
‘Part of the settlement requires back pay to the workers.’
resolution, sorting out, settling, solution, solving, bringing to an end, working out, smoothing over, reconciliation
2.1mass nounThe process of establishing a settlement or settlements.
‘a continent where settlement is at the mercy of geography’
‘A process of settlement and resettlement along the Niger continued into the nineteenth century.’
‘The story of the railways of Shanghai goes back to the early days of Western settlement in the city after it was forced open by the unequal treaties imposed by the Western imperialists.’
‘She presents a wide variety of descriptive material concerning Aboriginal life, dating from the earliest years of European settlement.’
‘A survivor of fire, flood and suburbia, Christ Church is a remarkable artefact of Wellington's early settlement.’
‘Resources of grass and gold dominated the early period of European settlement following exploitation of fur seals and flax.’
‘The trip passes many different points of historical interest relating to both early European and Maori settlement.’
‘Thorny bush, swamps and even tidal waves impeded early settlement, as did the belief that evil spirits inhabited the islands.’
‘It is a fine publication which will be enjoyed by anyone interested in the early history of settlement in Australia.’
‘For those on the wrong side of the law, the 1950s were seemingly akin to the early days of penal settlement.’
‘Coins from the earliest days of Australian settlement to modern decimal currency are displayed.’
‘This is an area long in history of the Maori and of early white settlement.’
‘In the early days of settlement in the valley there were two schools, one at the top and one near the Akaroa Road.’
‘Repetition of the purified story of John Ramsay's help during the early years of settlement continues to silence Native voices.’
‘It comprehensively records the early years after white settlement, so our explorers and colonial governors feature, as do a few indigenous Australians.’
‘The detailed recounting of the outrageous cultural and physical destruction of Aboriginal societies in the process of white settlement disturbs a good many Australians.’
‘The patterns of Swedish immigrant settlement changed during the course of the nineteenth century, varying with economic conditions and opportunities.’
‘The area is a fantastic place to do research, Pastron says, because of its immigrant history and rapid settlement in the 19th century.’
‘Some see this fishing equipment as evidence for boat-building technology that may have allowed for initial human settlement of the Americas by sea rather than by the Bering land bridge.’
‘In the early days of our pioneering era, following European settlement, mining gave a huge boost to this country's economy.’
‘It is the first in a planned series of three volumes on the impact of European settlement in Australia.’
2.2mass nounThe action of allowing or helping people to establish settlements.
‘the settlement of immigrants in the occupied territories’
‘The 1976 Immigration Act made family reunification and refugee settlement two of Canada's fundamental objectives.’
3Law An arrangement whereby property passes to a succession of people as dictated by the settlor.
‘inheritance tax could be due if you make a substantial gift or settlement and then die within the following seven years’
‘Once the church courts had agreed that the marriage should end, only a private Act of Parliament could give effect to property settlements and issues of succession.’
‘These settlements are settlements of property made in the course of marriage, and they deal with the interests of the children of the marriage.’
‘Up until now we've had to go to court, even if it's just with consent orders, to finalise property settlements.’
‘In legal terms, what John is wanting to do is to create a settlement, giving successive interests to members of his family: a life estate to his widow and a remainder in fee simple to his daughters.’
‘It is very important, if this step is to be taken, that each spouse has sufficient investments in their own name to pass into the discretionary settlement on death.’
3.1The property given under a settlement.
‘The compensator deducts from the settlement an amount equal to the benefits that have been paid.’
‘She apparently went on a spending spree with her portion of the property settlement and bought $7,000 worth of furniture.’
‘Once the monetary settlement is received, property owners can begin the process of reconstruction.’
4mass nounThe action or process of settling an account.
as modifier‘most suppliers will offer early settlement discounts’
‘Otherwise, they won't make so much money out of me in spite of early settlement penalties.’
‘On the other hand, the losses on contracts that require settlement in cash are accounted for as a charge in the income statement.’
‘What's more, free life insurance is included, plus there are no other charges or early settlement penalties.’
‘Some pharmaceutical companies give early settlement discounts and rebates’
‘Two months' extra interest is the norm, but a few enlightened lenders don't charge any early settlement penalty.’
‘The administration has lowered the standard for local enterprises to set up settlement accounts for foreign exchange.’
‘Invoice discounting or offering discounts for early settlement could ensure that book debts are quickly collected.’
‘In normal operation CHAPS payments are settled in real time across settlement accounts, maintained by Members at the Bank of England.’
‘Fortunately, the government has put a stop to it and new loans taken out 1st June can only incur early settlement charges of, at most, two months interest.’
‘The interbank market remained fairly liquid last week even though a total of K150 billion was traded for on the treasury bill and bond settlement market on Monday.’
‘Credit vehicles increasingly are used for a preponderance of transactions, with settlement made through book entries and expanding financial claims.’
‘However, this deal comes with a £499 upfront arrangement fee, plus a two-year lock-in with a hefty early settlement penalty.’
‘Early settlement discounts will vary from one supplier to another, but you can usually expect to obtain a maximum of 5 per cent off the total purchasing price.’
‘And about K70 billion is this week expected to exit the market through treasury bills settlement, after the Bank of Zambia offered the same amount last week.’
‘Finally, watch out for early settlement penalties, because around seven in ten personal loans are paid off early.’
‘Admittedly, these borrowers are then locked in to paying Northern Rock's standard variable rate for ten years, or face stiff penalties for early settlement!’
‘Egg claims that 70% of loans are paid off early but, in spite of this, four out of five lenders penalise borrowers for early settlement.’
‘Around seven out of ten personal loans are paid off early, so watch out for loans that include hefty fines for early settlement.’
‘We don't have an array of complete services like on-line banking and a central on-line transaction processing and settlement center for all banks.’
‘Immediately following the purchase, they were sold back to the original broker with settlement terms of five days.’
5mass nounSubsidence of the ground or a structure built on it.
‘a boundary wall, which has cracked due to settlement, is to be replaced’
‘The structures in this area all appear to be founded on bedrock and there is no evidence of subsidence or settlement.’
‘The department will continuously monitor the ground settlement of all buildings in Tin Fu Court and repair damage immediately, Tam said.’
‘He said sewer pipes were altered in the 1980s, as part of a major Kendal scheme, and settlement in the ground had probably caused the old and new sections of tubing to collapse.’
‘With a train running past the site every two minutes, there was extensive monitoring of any ground settlement.’
‘Have you ever suffered from flooding, subsidence, settlement or landslip?’
‘English Heritage said Gallows Tamkin is suffering from structural settlement and English Heritage has advised the council on the appropriate steps to take.’
‘It is likely that settlement is due to the variation in moisture content in the soil.’
‘Apparent settlement could be minor in nature or symptomatic of a major structural problem.’
‘There is long term settlement, but short term settlement could have occurred due to construction.’
‘O'Donnell cautions that particular care should be taken with certain types of tiles, such as terracotta, which can often get a hairline crack due to the settlement of the under structure.’
‘The foundation undergoes differential settlement due to its own flexibility.’
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