Full Answer
What does it mean to reach a settlement?
Through settlement, the plaintiff (the person filing the lawsuit) agrees to give up the right to pursue any further legal action in connection with the accident or injury, in exchange for payment of an agreed-upon sum of money from the defendant or an insurance company.
What does the word settlement mean?
settlement- something settled or resolved; the outcome of decision making; "they finally reached a settlement with the union"; "they never did achieve a final resolution of their differences"; "he needed to grieve before he could achieve a sense of closure". closure, resolution.
What is a good sentence with settlement?
use "settlement" in a sentence The government of Tunisia supports the peaceful settlement of conflicts, and dialog in its relations with foreign powers. A peace settlement in the Middle East would be a major triumph for American diplomacy. The last ice age had a profound effect upon the settlement patterns of man.
What is settlement and examples of settlement?
Settlement statement defines the document which discloses the summary writing of the transaction between the service provider and the client. For example, a seller sends the buyer a settlement statement containing the summed up costs with regards to the buyer’s purchase. Or a lender sends a settlement statement to a borrower containing all ...
What is the meaning of settlement?
settlement. the act or state of settling or the state of being settled. the act of making stable or putting on a permanent basis. a state of stability or permanence. an arrangement or adjustment, as of business affairs or a disagreement. an agreement signed after labor negotiations between union and management.
What is a settlement house?
Also called settlement house . Social Work. an establishment in an underprivileged area providing social services to local residents.
How much did the Russell and Williams settlement cost?
The city of Cleveland recently reached a $3 million settlement with the Russell and Williams families.
What is a community formed by members of a group, esp of a religious sect?
a community formed by members of a group, esp of a religious sect. a public building used to provide educational and general welfare facilities for persons living in deprived areas. a subsidence of all or part of a structure. the payment of an outstanding account, invoice, charge, etc. ( as modifier) settlement day.
What does "settling" mean in the context of a colony?
a state of stability or permanence. an arrangement or adjustment, as of business affairs or a disagreement. an agreement signed after labor negotiations between union and management. the terms reached in this agreement. the settling of persons in a new country or place. a colony, especially in its early stages.
What is a small community?
a small community, village, or group of houses in a thinly populated area.
What is a deed in law?
law. a conveyance, usually to trustees, of property to be enjoyed by several persons in succession. the deed or other instrument conveying such property. the determination of a dispute, etc, by mutual agreement without resorting to legal proceedings. SEE LESS.
What is settlement in law?
In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. The term "settlement" also has other meanings in the context of law. Structured settlements provide for a periodic payment.
What does "settlers" mean?
the act of peopling, or state of being peopled; act of planting, as a colony; colonization; occupation by settlers; as, the settlement of a new country
Why is the FTC settlement important?
Millions of Americans rely daily on generic drugs to treat a wide range of illnesses , the FTC’s settlement safeguards the competitive availability of these medications for patients across the country who depend on them.
What is the definition of disposition?
A disposition of property, or the act of granting it.
What does "newly established" mean?
a colony newly established; a place or region newly settled; as, settlement in the West
What is jointure in law?
a disposition of property for the benefit of some person or persons, usually through the medium of trustees, and for the benefit of a wife, children, or other relatives; jointure granted to a wife, or the act of granting it
What happens when a lawsuit is settled?
A lawsuit is ended if there's a settlement — both parties make an agreement that often involves money. A settlement brings closure and resolution.
What is a settlement?
settlement. A settlement is a colony or any small community of people. If a bunch of people build houses on the moon together, they’ll have the first lunar settlement. A settlement is also the resolution of something such as a lawsuit. One kind of settlement is a place where people live. This can be a community that's smaller than a town, ...
What is one kind of settlement?
One kind of settlement is a place where people live. This can be a community that's smaller than a town, like a village. Also, if one country establishes a colony somewhere else, that can be called a settlement. The other kind of settlement happens when something is settled, like the end of a disagreement.
What is a communal village?
a communal village built by Native Americans in the southwestern United States. type of: geographic area, geographic region, geographical area, geographical region. a demarcated area of the Earth. noun. something settled or resolved; the outcome of decision making. “they finally reached a settlement with the union”.
What is a plantation colony?
a newly established colony (especially in the colonization of North America) proprietary colony. a colony given to a proprietor to govern (in 17th century) type of: body. a group of persons associated by some common tie or occupation and regarded as an entity.
What is the name of the former Dutch colony in South America?
Demerara. a former Dutch colony in South America; now a part of Guyana. Rock of Gibraltar. location of a colony of the United Kingdom on a limestone promontory at the southern tip of Spain; strategically important because it can control the entrance of ships into the Mediterranean; one of the Pillars of Hercules.
What is property settlement?
property settlement. (matrimonial law) the division of property owned or acquired by marriage partners during their marriage. accord and satisfaction. the settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt.
What is a settlement?
A settlement is a place where people live. It can range in size from an isolated dwelling to a million city. The site of a settlement is the location where it is built. It describes the physical nature of where a settlement is located. Factors such as water supply, defence, quality of soil, building materials, climate, ...
What factors were taken into account when establishing settlements in the past?
Factors such as water supply, defence, quality of soil, building materials, climate, shelter and defence were all taken into consideration when establishing settlements in the past. The situation of a settlement is the description of the settlement in relation to physical features around it and other settlements.
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The ASL fingerspelling provided here is most commonly used for proper names of people and places; it is also used in some languages for concepts for which no sign is available at that moment.
Definitions & Translations
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What is settlement in real estate?
The settlement is the final stage in the home transaction. This is when the ownership of the property will be transferred from the seller to the buyer. The funds will be distributed in the form of a check to the sellers, the real estate agents that were involved in the sale will receive a check for the commissions that they earned, ...
How many times do you sign a settlement?
The escrow company will have the documents ready; they will just need to be signed. Buyers will sign their names anywhere from 10 to 30 times during this process. There are many important things that happen on the day of the settlement.
What is a settlement in geography?
Settlement, locality or populated place are general terms used in geography, statistics, archaeology, landscape history and other subjects for a permanent or temporary community in which people live or have lived, without being specific as to size, population or importance. A settlement can therefore range in size from a small number ...
What is the meaning of "human settlement"?
Human settlement. The place of permanent or temporary habitations created by human being for his/her living. Excessive human settlements and man-made dwellings are one of the main reasons for the depleting forests and ground water. Submitted by anonymous on January 6, 2019.
What is human settlement?
Human settlement refers to an organised permanent or temporary inhabitation of humans on a small or large area of land including all the requisite infrastructural facilities. Submitted by anonymous on March 16, 2020. Human settlement.
What is the numerical value of human settlement in Chaldean numerology?
The numerical value of HUMAN SETTLEMENT in Chaldean Numerology is: 9
What Is a Settlement Bank?
A settlement bank is the last bank to receive and report the settlement of a transaction between two entities. It is the bank that partners with an entity being paid, most often a merchant. As the merchant’s primary bank for receiving payment, it can also be referred to as the acquiring bank or the acquirer .
Why do merchants partner with settlement banks?
Merchants partner with a settlement bank to ensure efficient settlement of transactions in electronic payment processing. To facilitate electronic transactions, the merchant must first open a merchant account and sign an agreement with an acquiring bank detailing terms for processing and settlement of transactions for the merchant.
What is interbank settlement?
Often times, the payer of a transaction will be a customer of a different bank from the receiver, and so an interbank settlement process must occur. A settlement bank also provides merchant services to businesses such as transaction processing.
Why is it important for merchants to have good relationships with settlement banks?
With a significant majority of customers seeking to make electronic payments, it is important that merchants have good relationships with processing entities including settlement banks to ensure a fast and efficient payments system for their business and their clients .
How long does it take for a bank to settle a transaction?
The settlement bank will typically deposit funds into the merchant’s account immediately. In some cases, settlement may take 24 to 48 hours. The settlement bank provides settlement confirmation to the merchant when a transaction has cleared. This notifies the merchant that funds will be deposited in their account.
Can a customer use a settlement bank?
When a customer chooses to purchase with a merchant using electronic payment, the customer’s card must be in compliance with the settlement bank which means it must be acceptable for processing through the settlement bank’s processing network. Settlement banks typically have relationships with all of the major processing networks, including Visa, Mastercard, Discover, and American Express. However, they may be restricted to only a single processor based on the terms of the agreement.
