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What is settlement?

Updated: 5/3/2024
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10y ago

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the buildings, services and people associated with the setting up of a colony.

In legal terminology, a settlement is an agreement to end a lawsuit instead of going to trial.

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10y ago
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14h ago

Settlement refers to the transfer of funds or assets to complete a financial transaction. It is the final step in a trade where the buyer pays and the seller delivers the securities or other financial instruments. Settlement ensures that both parties fulfill their obligations in a trade.

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12y ago

it could be different for every settlement

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12y ago

the purpose was to keep any king or queen of England from being romancatholic because of the line of power abuse by their past king and queens

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12y ago

The function of a settlement in Geography is its main economic activity or purpose.

Some examples:

- Market town

- Port

- Industrial town

- Resort

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