Definition of settlements:
(n) :
A community of people living together, such as a hamlet, village, town, or city; a populated place.
(n) :
A colony that is newly established; a place or region newly settled.
(n) :
The act of settling.
(n) :
The state of being settled.
(n) :
(law) A mutual agreement to end a dispute without resorting to legal proceedings, also known as an out-of-court settlement or settling out of court.
(n) :
(finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.