Last Update: Oct 07, 2022.

Submitted by: Marlo Grimbald
Score: 89/100 (27 votes)

What is settlement and example?

The definition of a settlement is an agreement that resolves a dispute, an agreement officially transferring real estate to a new party, or people making a home in a new place where no one has lived before. An example of a settlement is when divorcing parties agree on how to split up their assets.