settlement

settlement /ˈsɛtl̟mənt/ noun
plural settlements
settlement
/ˈsɛtl̟mənt/
noun
plural settlements
Britannica Dictionary definition of SETTLEMENT
1 
a  [count] : a formal agreement or decision that ends an argument or dispute
also : an amount of money that someone receives as part of such an agreement
b  [singular] : the act or process of settling an argument or disagreement
2 
[noncount] : the act of paying back money that is owed — often + of
3 
a  [count] : a place where people have come to live and where few or no people lived before
b  [noncount] : the act or process of moving to a new area or place to live there : the act or process of settling an area or place — often + of
c  [count] : a small village