Settlement FAQs

what is an settlement

by Cordelia Walker MD Published 2 years ago Updated 2 years ago
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Settlement

  1. An agreement that ends a dispute and results in the voluntary dismissal of any related litigation. ...
  2. In business law, the payment, satisfaction, and closing of an account.
  3. In wills and estates, the complete execution of an estate by the executor.

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Full Answer

What are the 4 types of settlements?

hamlets are are tiny settlements - they are just a collection of houses, perhaps centered around a few farms and maybe without even a shop; villages are small settlements - several hundred people live in them and they have: a few shops, a place of worship and maybe a school too; towns are medium-sized settlements - thousands of people live in them and they have a shopping centre and factories;

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 does a settlement mean?

Settlement. verb. : Providing repetitive help to a struggling person or group of people with something for which they should be able to help themselves. derivation: in reference to the incessant and annoying requests for help defending weak settlements made by Preston Garvey in the video game Fallout 4.

What is the legal definition of settlement?

Settlement definition law is used in civil suits where an agreement is issued to prevent the civil litigation from proceeding through the court system. This agreement is referred to as a settlement. When a settlement in civil litigation occurs, the defendant is agreeing to some of the claims made by the plaintiff and is deciding not to go through the process of litigation in court.

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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 examples?

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 settlement answer in short?

Settlements are places where people build their homes.

What does settlement mean 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 the 4 types of settlements?

The four main types of settlements are urban, rural, compact, and dispersed.

What are the 5 types of settlements?

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

What are the three types of settlement?

Settlement Types There are generally three types of settlements: compact, semi-compact, and dispersed. Each is based on its population density.

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 a settlement Grade 4?

Places to live in: Farm, village, town, city • A place where a group of people live is called a settlement, like farms, villages, towns and cities.

How do settlements work?

A settlement agreement works by the parties coming to terms on a resolution of the case. The parties agree on exactly what the outcome is going to be. They put the agreement in writing, and both parties sign it. Then, the settlement agreement has the same effect as though the jury decided the case with that outcome.

What is the usual result of a settlement?

After a case is settled, meaning that the case did not go to trial, the attorneys receive the settlement funds, prepare a final closing statement, and give the money to their clients. Once the attorney gets the settlement check, the clients will also receive their balance check.

What does it mean when a case has been settled?

verb. If people settle a legal dispute or if they settle, they agree to end the dispute without going to a court of law, for example by paying some money or by apologizing.

What are the two types of settlement?

Human settlements can broadly be divided into two types – rural and urban.

What is a settlement in history?

Settlements may include hamlets, villages, towns and cities. 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 settlement of soil?

What is Settlement? Settlement is the downward movement of the ground (soil) when a load is applied to it. The load increases the vertical effective stress exerted onto the soil. This stress, in turn, increases the vertical strain in the soil. This increase in vertical strain causes the ground to move downward.

What is importance of settlement?

The function of a settlement helps to identify the economic and social development of a place and can show its main activity. Most large settlements have more than one function though in the past one function was maybe the most important in defining the success and growth in importance of the settlement.

Examples of settlement in a Sentence

I got the house in the divorce settlement. The parties have not been able to reach a settlement in the case.

Legal Definition of settlement

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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 the definition of settlement?

Definitions of settlement. noun. the act of colonizing; the establishment of colonies. synonyms: colonisation, colonization. see more. see less. types: population. the act of populating (causing to live in a place)

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 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.

Where does settlement take place?

Nowadays, settlement typically takes place in a central securities depository.

What is settlement of securities?

Settlement of securities is a business process whereby securities or interests in securities are delivered, usually against ( in simultaneous exchange for) payment of money, to fulfill contractual obligations , such as those arising under securities trades.

What is immobilization of securities?

Securities (either constituted by paper instruments or represented by paper certificates) are immobilised in the sense that they are held by the depository at all times. In the historic transition from paper-based to electronic practice, immoblisation often serves as a transitional phase prior to dematerialisation.

What are the two goals of electronic settlement?

Immobilisation and dematerialisation are the two broad goals of electronic settlement. Both were identified by the influential report by the Group of Thirty in 1989.

How does electronic settlement work?

If a non-participant wishes to settle its interests, it must do so through a participant acting as a custodian. The interests of participants are recorded by credit entries in securities accounts maintained in their names by the operator of the system . It permits both quick and efficient settlement by removing the need for paperwork, and the simultaneous delivery of securities with the payment of a corresponding cash sum (called delivery versus payment, or DVP) in the agreed upon currency.

How long does it take to settle a stock?

In the United States, the settlement date for marketable stocks is usually 2 business days or T+2 after the trade is executed, and for listed options and government securities it is usually 1 day after the execution. In Europe, settlement date has also been adopted as 2 business days after the trade is executed.

What is clearing in a settlement?

A number of risks arise for the parties during the settlement interval, which are managed by the process of clearing, which follows trading and precedes settlement. Clearing involves modifying those contractual obligations so as to facilitate settlement, often by netting and novation .

Urban Settlements

Urban settlements, or urbanized areas, are the most populated of the settlement types and usually consist of the largest land area. Urban areas are the most developed of the different types, with advanced infrastructure and many buildings. Urbanized areas are densely populated, mostly non-agricultural areas.

Rural Settlements

The designation of rural settlement status depends on the nation and government that a settlement is in. Rural settlements are smaller populated areas outside of urban areas that have a large amount of agriculture involved in the settlement.

Compact Settlements

Settlements that are close together are called compact settlements, and they can be rural or urban settlements based on how the settlement was designed. Compact settlements consist of structures that were closely built together with residential and commercial areas being zoned away from the agriculture or the environment.

Dispersed Settlements

Dispersed settlements are also known as isolated settlements or scattered settlements. Dispersed settlements are the least populated of the types of settlements and are located in regions of a country that are remote or far away from other settlements of any type.

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