Settlement : (noun)
1: a body of people who settle far from home but maintain ties
with their homeland; inhabitants remain nationals of
their home state but are not literally under the home
state's system of government [syn: colony]
2: a community of people smaller than a town [syn: village, small
town]
3: a conclusive resolution of a matter and disposition of it
4: the act of colonizing; the establishment of colonies; "the
British colonization of America" [syn: colonization, colonisation]
5: something settled or resolved; the outcome of decision
making; "the 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" [syn: resolution, closure]
6: an area where a group of families live together
7: termination of a business operation by using its assets to
discharge its liabilities [syn: liquidation]
Based on WordNet 2.0
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Settlement : \Set"tle*ment\, n.
1. The act of setting, or the state of being settled.
Specifically:
(a) Establishment in life, in business, condition, etc.;
ordination or installation as pastor.
Every man living has a design in his head upon
wealth power, or settlement in the world.
--L'Estrange.
(b) 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.
Based on Webster's Revised Unabridged Dictionary
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SETTLEMENT, domicil. The right which a person has of being considered as
resident of a particular place.
2. It is obtained in various ways, to wit: 1. By birth. 2. By the legal
Settlement : of the father, in the case of minor children. 3. By marriage. 4.
By continued residence. 5. By the payment of requisite taxes. 6. By the
lawful exercise of a public office. 7. By hiring and service for a year. 8.
By serving an apprenticeship; and perhaps some others which depend upon the
local statutes of the different states. Vide 1 Bl. Com. 363; 1 Dougl. 9; 2
Watts' Rep. 44, 342; 2 Penna. R. 432; 5 Serg. & Rawle, 417; 2 Yeates' R. 51;
5 Binn. R. 81; 3 Binn. R.. 22; 6 Serg. & Rawle, 103, 565; 10 Serg. & Rawle,
179. Vide Domicil.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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SETTLEMENT, contracts. The conveyance of an estate, for the benefit of some
person or persons.
2. It is usually made on the prospect of marriage for the benefit of
the married pair, or one of them, or for the benefit of some other persons,
as their children. Such settlements vest the property in trustees upon
specified terms, usually for the benefit of the husband and wife during
their joint lives, and then for the benefit of the survivor for life, and
afterwards for the benefit of children. Ante-nuptial agreements of this kind
will be enforced in equity by a specific performance of them, provided they
are fair and valid, and the intention of the parties is consistent with the
principles and policy of law. Settlements after marriage, if made in
pursuance of an agreement in writing entered into prior to the marriage, are
valid, both against creditors and purchasers.
4. When made without consideration, after marriage, and the property of
the husband is settled upon his wife and children, theSettlement : will be
valid against subsequent creditors, if, at the time of the settlement being
made, he was not indebted; but, if he was then indebted, it will be void as
to the creditors existing at the time of the settlement; 3 John. Ch. R. 481;
8 Wheat. R. 229; unless in cases where the husband received a fair
consideration in value of the thing settled, so as to repel the presumption
of fraud. 2 Ves. 16 10 Ves. 139. Vide 1 Madd. Ch. 459; 1 Chit. Pr. 57; 2
Kent, Com. 145; 2 Supp. to Ves. jr. 80, 375; Rob. Fr. Conv. 188. See Atherl.
on Mar. passim.
5. The term settlement is also applied to an agreement by which two or
more persons, who have dealings together, so far arrange their accounts, as
to ascertain the balance due from one to the other; and settlement sometimes
signifies a payment in full.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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