Full Answer
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 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.
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 a good settlement amount?
What is a good settlement amount? Very roughly, if you think that you have a 50% chance of winning at trial, and that a jury is likely to award you something in the vicinity of $100,000, you might want to try to settle the case for about $50,000.
What is an example of a settlement?
An example of a settlement is when divorcing parties agree on how to split up their assets. An example of a settlement is when you buy a house and you and the sellers sign all the documents to officially transfer the property. An example of settlement is when the colonists came to America.
What does it means by settlement?
1 : a formal agreement that ends an argument or dispute. 2 : final payment (as of a bill) 3 : the act or fact of establishing colonies the settlement of New England. 4 : a place or region newly settled. 5 : a small village.
What does it mean to go to settlement?
"Settling a case" means ending a dispute before the end of a trial.
What means settlement payment?
Once a transaction has been approved, settlement is the second and final step. This is when the issuing bank transfers the funds from the cardholder's account to the payment processor, who then transfers the money to the acquiring bank.
What are 4 types of settlement?
The four main types of settlements are urban, rural, compact, and dispersed.
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 happens during settlement?
Settlement is the process of paying the remaining sale price and becoming the legal owner of a home. At settlement, your lender will disburse funds for your home loan and you'll receive the keys to your home. Generally, settlement takes place around 6 weeks after contracts are exchanged.
What are the two types of settlement?
Human settlements can broadly be divided into two types – rural and urban.
What is a final settlement?
Final settlement often refers to a settlement agreement, which is an agreement to some resolution of the dispute and to stop future litigation. Final settlements differ depending on what the parties negotiate.
What is settlement amount?
Settlement amount means the par amount of each security that we redeem, multiplied by the price we accept in a redemption operation, plus any accrued interest.
How is settlement amount calculated?
To calculate settlement amounts, you must have a reliable total of expenses incurred as a result of the dispute....Look at your actual damages.Actual damages also may be referred to as economic damages, or as special damages. ... Typically, this amount will represent the lowest number of your settlement range.More items...•
How does a settlement account work?
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.
What does settlement mean when buying a house?
What is settlement? Property settlement is a legal process that is facilitated by your legal and financial representatives and those of the seller. It's when ownership passes from the seller to you, and you pay the balance of the sale price. The seller sets the settlement date in the contract of sale.
What are the two types of settlement?
Human settlements can broadly be divided into two types – rural and urban.
What is the meaning of settlement of land?
Definition of land settlement India. : the act of arranging the terms and incidence of the land tax in specific areas.
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.
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 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 a small community?
a small community, village, or group of houses in a thinly populated area.
What is the meaning of "state of being settled"?
1. the act or state of settling or the state of being settled. 2. the act of making stable or putting on a permanent basis. 3. a state of stability or permanence. 4. an arrangement or adjustment, as of business affairs. 5. an agreement signed after labor negotiations between union and management.
What does "settling" mean?
1. the act or state of settling or being settled. 2. the establishment of a new region; colonization. 3. (Human Geography) a place newly settled; colony. 4. (Human Geography) a collection of dwellings forming a community, esp on a frontier. 5. a community formed by members of a group, esp of a religious sect.
What is a plantation colony?
Plantation- a newly established colony (especially in the colonization of North America); "the practice of sending convicted criminals to serve on the Plantations was common in the 17th century"
What does "body" mean in the context of a group?
body- a group of persons associated by some common tie or occupation and regarded as an entity; "the whole body filed out of the auditorium"; "the student body"; "administrative body"
What is the meaning of "payment"?
a. the payment of an outstanding account, invoice, charge, etc
What does "social welfare" mean?
6. (Social Welfare) a public building used to provide educational and general welfare facilities for persons living in deprived areas. 7. (Building) a subsidence of all or part of a structure. 8.
What does "community" mean?
7. a colony, esp. in its early stages. 8. a small community or group of houses in a thinly populated area. 9. a community formed by members of a particular religious or ideological group. 10. the satisfying of a claim or demand; a coming to terms. 11.
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 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 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 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 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 the settlement period?
The settlement period is the time between the trade date and the settlement date. The SEC created rules to govern the trading process, which includes outlines for the settlement date. In March 2017, the SEC issued a new mandate that shortened the trade settlement period.
What is the settlement period in securities?
In the securities industry, the trade settlement period refers to the time between the trade date —month, day, and year that an order is executed in the market— and the settlement date —when a trade is considered final. When shares of stock, or other securities, are bought or sold, both buyer and seller must fulfill their obligations to complete ...
How long is the T+3 settlement period?
Then in 1993, the SEC changed the settlement period for most securities transactions from five to three business days —which is known as T+3.
Who pays for shares in a security settlement?
During the settlement period, the buyer must pay for the shares, and the seller must deliver the shares. On the last day of the settlement period, the buyer becomes the holder of record of the security.
Do you have to have a settlement period before buying stock?
Now, most online brokers require traders to have sufficient funds in their accounts before buying stock. Also, the industry no longer issues paper stock certificates to represent ownership. Although some stock certificates still exist from the past, securities transactions today are recorded almost exclusively electronically using a process known as book-entry; and electronic trades are backed up by account statements.
What Is an Account Settlement?
An account settlement generally refers to the payment of an outstanding balance that brings the account balance to zero. It can also refer to the completion of an offset process between two or more parties in an agreement, whether a positive balance remains in any of the accounts. In a legal agreement, an account settlement results in the conclusion of a business dispute over money.
When does account settlement take place?
In cases of two or more parties, related or unrelated, account settlement would take place when one set of agreed-upon goods is exchanged for another, even if a zero balance is not required.
What is offset in insurance?
Amounts receivable and payable to reinsurers are offset for account settlement purposes for contracts where the right of offset exists, with net insurance receivables included in other assets and net insurance payables included in other liabilities. 1.
