Settlement FAQs

what is another name for a money settlement

by Beulah Purdy Published 2 years ago Updated 2 years ago
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What is another word for settle money on?
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Full Answer

What is another word for settlement?

Synonyms for settlement include agreement, arrangement, conclusion, deal, resolution, bargain, understanding, decision, disposition and pact. Find more similar words ...

What can I do with my settlement money?

Create an emergency fund: If you don’t have an emergency fund, using some of your settlement money to create one is a great idea. Best practice is around 6 months’ worth of living expenses so that if an emergency arises you won’t need to take out a loan or be in debt.

How are personal injury settlements paid out?

How your personal injury settlements are paid out is up to you. You can choose between a lump sum or a structured settlement. A lump sum can be a great option if you have a large amount of debt to pay off or if you want to invest all of the settlement money.

Should I choose a lump sum or structured settlement?

A lump sum can be a great option if you have a large amount of debt to pay off or if you want to invest all of the settlement money. A structured settlement can be a great option if you are worried about spending all of the money at once. Need help with your settlement money?

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What is the name for a 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.

What is another way of saying settlement?

In this page you can discover 48 synonyms, antonyms, idiomatic expressions, and related words for settlement, like: accommodation, adjustment, compensation, establishment, arrangement, give-and-take, compact, hamlet, compromise, medium and composition.

What do you call a small settlement?

A village is a small settlement usually found in a rural setting. It is generally larger than a "hamlet" but smaller than a "town". Some geographers specifically define a village as having between 500 and 2,500 inhabitants.

What is money paid as compensation called?

Remuneration is the total compensation received by an employee.

What is a antonym for settlement?

Antonyms. beginning victory defeat middle disagreement. community moshav small town.

What other terms are used to refer to informal settlements?

Shanty town Sometimes called a squatter, informal or spontaneous settlement, shanty towns often lack proper sanitation, safe water supply, electricity, hygienic streets, or other basic human necessities. Shanty towns are mostly found in developing nations, but also in some parts of developed nations.

What are 4 types of settlement?

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 3 synonyms for compensation?

compensationallowance.benefit.bonus.coverage.earnings.fee.indemnity.pay.More items...

What does compensatory payment mean?

an amount of money that is paid to someone because they have been hurt, or because something has been lost or damaged: Workers' compensation payments for injured employees have soared recently.

What is another word for compensatory?

What is another word for compensatory?compensatingrefundingadjustingatoningbalancedbalancingreimbursingrepayingsettling

How do you use the word 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. We were hoping for a quick settlement of the dispute between the neighbors. English settlements in North America.

What are the types of settlement patterns?

There are three main settlement patterns: nucleated, linear and dispersed.

When can a settlement agreement be used?

A settlement agreement is usually used in connection with ending the employment, but it doesn't have to be. A settlement agreement could also be used where the employment is ongoing, but both parties want to settle a dispute that has arisen between them.

What is the meaning of Rancheria?

Definition of rancheria 1 : a dwelling place of a ranchero. 2 : a small settlement often consisting of huts occupied especially by Amerindians or Mexicans it was among these rancherias … that the missions found their most fertile field for labor— F. M. & Marie Keesing.

antonyms for settlement

Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

How to use settlement in a sentence

Monday’s announcement of the settlement felt like the right moment to revisit this issue.

agreements

Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

What are some synonyms for settlement?

In this page you can discover 48 synonyms, antonyms, idiomatic expressions, and related words for settlement, like: accommodation, adjustment, arrangement, compensation, establishment, give-and-take, compact, compromise, medium, composition and determination.

What is the term for material that settles to the bottom of a liquid?

Material that settles to the bottom of a liquid; lees.

What is the meaning of "agreement"?

An agreement between two or more parties, especially between states or a treaty between countries.

Synonyms, crossword answers and other related words for SETTLEMENT

We hope that the following list of synonyms for the word settlement will help you to finish your crossword today. We've arranged the synonyms in length order so that they are easier to find.

Definition of 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"

Tip One: Settlement Taxability

The first question you may have in mind is “is the money taxable?” This really depends on your situation. If it’s a settlement from a personal or physical injury, it’s usually non-taxable. Emotional distress settlement awards are typically non-taxable if the distress is attributable to a physical injury or physical sickness.

Tip Three: Giving Money to Family

Another common question that comes up is, “Should I give money to my family?” Your family members or relatives may not necessarily be in the best financial situation, so I totally understand if you feel the urge to help them out. There is nothing wrong with that. Or maybe they’re financially ok,, but they’ll still come knocking at your door.

Tip Five: Overall, what should you do with the settlement money?

The fifth and final question that I’d like to help answer is, “What should I do with the settlement money?” I would like to urge you to find some quiet time and reflect on your life goals. What is important to you? What brings you joy? And then think about how you can use the settlement money as a tool to help you live your best life.

Additional settlement money questions that you may have

Your financial goals and situation will dictate how you use a large settlement check. Working with a certified financial advisor will help you come up with a settlement check plan tailored to your unique needs. The money will then be less likely to be used on impulse. We share our top 5 tips on what to do with your settlement money in the blog.

Need help with your settlement money?

You probably have a lot more questions to ask on what to do with your settlement money. Feel free to schedule a free discovery call with one of our financial advisors to go through your personal situation.

What is the benefit of opening a settlement fund?

One of the key perks of opening settlement funding accounts like an MMDA is that it encourages you to have an emergency fund. Such accounts can penalize you if you withdraw money often rather than saving it.

What is a money market account?

A money market account is a type of settlement account that has many of the same features as a savings account, only it can pay a higher rate of interest in certain circumstances. It shouldn’t be confused with other similarly named account types such as the money market mutual fund (MMDA).

Is money market settlement safe?

Luckily, money market settlement funds are one safe place to invest your money. Here’s everything you need to know about settlement funds.

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