What does settlement mean?

Definition of settlement 1 : the act or process of settling. 2a : an act of bestowing or giving possession under legal sanction. b : the sum, estate, or income secured to one by such a settlement. 3a : occupation by settlers. b : a place or region newly settled.

What is settlement and example?

Frequency: The definition of a settlement is an agreement that resolves a dispute, an agreement officially transferring real estate to a new party, or people making a home in a new place where no one has lived before. An example of a settlement is when divorcing parties agree on how to split up their assets.

What is a settlement in history?

In geography, statistics and archaeology, a settlement, locality or populated place is a community in which people live. A settlement may have known historical properties such as the date or era in which it was first settled, or first settled by particular people.

What is the settlement in law?

1. An agreement that ends a dispute and results in the voluntary dismissal of any related litigation. Regardless of the exact terms, parties often choose to keep their settlement agreements private. 2. In business law, the payment, satisfaction, and closing of an account.

What are 4 types of settlement?

Urban settlements can equally be graded into four, according to size. These are towns, cities, conurbations and megapolis.

What does it mean to receive a settlement?

“Settling a case” means ending a dispute before the end of a trial. Initial papers are filed with the court months before trial can begin. All of this time gives the parties room to undertake settlement negotiations.

What are the 3 types of settlement?

There are 5 types of settlement classified according to their pattern, these are, isolated, dispersed, nucleated, and linear.

Is settlement rural or urban?

Settlement is a place where people live and interact through several activities such as agriculture, trading or services. Settlement helps us to understand man’s relationship with his environment. In general rural refers to countryside and urban refers to town and cities.

What is a settlement Class 10?

What is a settlement? Answer: The way in which people organize themselves and their living spaces in a place is called settlement – that is geographical space people live and work.

Is a settlement a lawsuit?

A settlement is the formal resolution of a lawsuit before the matter is taken to court. You can reach a settlement at any point during litigation, and many cases can even be settled before a formal lawsuit is filed. Or, they can be settled the day before, or even the day the lawsuit goes to court.

How do settlements work?

When the defendant and the plaintiff in a lawsuit agree to settle a claim with a structured settlement, the parties negotiate a cash amount payable by the defendant in exchange for the plaintiff dropping the lawsuit. The money is distributed as a series of periodic payments, typically funded through an annuity.

What are the 2 types of settlement?

Settlement is a place where people live and carry out various economic activities on a relatively permanent basis. It can be divided into two types: rural settlement and urban settlement. The two types of settlement are differentiated by their size, density of population and employment pattern.

What is the reason for settlement?

Settlement is a popular option for several reasons, but a large number of cases are settled simply because defendants want to avoid the high cost of litigation. Settlement may occur before or during the early stages of a trial. In fact, simple settlements regularly take place before a lawsuit is even filed.

What is the site and situation of a settlement?

The site and situation of a settlement are very different things. The site of a settlement is the land upon which it was built. There are a range of factors that can determine the site of a settlement. These are: resources – many settlements developed close to where natural resources could be found.

What are the patterns of settlement?

There are five main settlement patterns: compact settlement, scattered settlement, ordered settlement, linear settlement and nodal settlement. A settlement pattern is the way a population disperses over a particular area. Settlement patterns are defined by size, shape and population size.

What does a settlement mean?

settlement(Noun) A colony that is newly established; a place or region newly settled. settlement(Noun) A community of people living together, such as a hamlet, village, town, or city. settlement(Noun) The gradual sinking of a building. Fractures or dislocations caused by settlement.