What do we mean by settlements?

What do we mean by settlements?

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 settlement example?

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. noun. 15.

What does settlement mean in address?

So you have finally reached the end of the long and tedious process of buying or selling a home. Now everyone is talking about the closing day, which is also known as the settlement. This is when the ownership of the property will be transferred from the seller to the buyer.

What does settlement mean in court?

“Settling a case” means ending a dispute before the end of a trial. Although popular media often makes it seem like major cases are resolved in relatively short order, in reality, a case can potentially meander through the court system for years.

What does it mean to receive a settlement?

According to the Bureau of Justice, only 4 percent of personal injury cases go to trial. The majority settle out of court, by mutual agreement between the parties. This resolution is called a settlement. A settlement is an agreement that ends a dispute and results in the voluntary dismissal of any related litigation.

What is God’s settlement?

Divine settlement according to the bible in Exodus 3:7-8 means to get compensation from God. It is a process of experiencing deliverance from your challenges or struggles. It means for God to take you out of a negative situation and place you in a land flowing with milk and honey.

What happens on settlement date?

On settlement day, at an agreed time and place, your settlement agent (solicitor or conveyancer) meets with your lender and the seller’s representatives to exchange documents. They organise for the balance of the purchase price to be paid to the seller.

Is a settlement a dismissal?

No, settlement agreements are not compulsory and there is no obligation on an employer to provide one in the event it dismisses an employee (for whatever reason).

When you win a lawsuit How do you get paid?

Most judgments order the judgment debtor to pay the winner the total amount due in one lump sum. However, in most states, the judge can order the judgment debtor to pay the award in installments over time if requested.

What are some synonyms for settlement?

settlement(noun) an area where a group of families live together. Synonyms: village, colonization, closure, colonisation, small town, resolution, liquidation, colony. liquidation, settlement(noun) termination of a business operation by using its assets to discharge its liabilities.

What does settle for mean?

settle for (something) To accept something less ideal or worse than what one really wanted. to agree to accept something (even though something else would be better). Accept or be satisfied with as a compromise, as in He really wanted a bigger raise but decided to settle for what they offered.

What does settling mean?

definition : settling. Settling is the process by which particulates settle to the bottom of a liquid and form a sediment. Particles that experience a force, either due to gravity or due to centrifugal motion will tend to move in a uniform manner in the direction exerted by that force.

What is the term for settlement?

Synonyms: agreement, arrangement, resolution, working out More Synonyms of settlement. 2. countable noun. A settlement is an agreement to end a disagreement or dispute without going to a court of law, for example by offering someone money. She accepted an out-of-court settlement of £4,000.