(an instance of) making an agreement (about a dispute etc); (an instance of) payment (of a debt etc); (a statement of) property given to a person; (the establishment of) a community, group of homes etc
decision, conclusion
Cases of word usage
1) (an instance of) the settlement of a dispute by each side giving up something it has asked for; settlement reached in this way (compromise)
2) a distant settlement (outpost)