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set·tle·ment
/ˈsedlmənt/
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noun
noun: settlement; plural noun: settlements
  1. 1.
    an official agreement intended to resolve a dispute or conflict.
    "unions succeeded in reaching a pay settlement"
    Similar:
    agreement
    deal
    arrangement
    resolution
    accommodation
    bargain
    understanding
    pact
    compromise
    decision
    conclusion
    determination
  2. 2.
    a place, typically one that has hitherto been uninhabited, where people establish a community.
    "the little settlement of Buttermere"
    Similar:
    community
    colony
    outpost
    encampment
    trading post
    post
    village
    hamlet
    kibbutz
    commune
    pueblo
    rancheria
    werf
    kainga
    terramare
    plantation
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