Source : Webster's Revised Unabridged Dictionary (1913)

      (c) The act or process of adjusting or determining;
          composure of doubts or differences; pacification;
          liquidation of accounts; arrangement; adjustment; as,
          settlement of a controversy, of accounts, etc.
      (d) Bestowal, or giving possession, under legal sanction;
          the act of giving or conferring anything in a formal
          and permanent manner.

                My flocks, my fields, my woods, my pastures
                take, With settlement as good as law can make.
                                                  --Dryden.
      (e) (Law) A disposition of property for the benefit of
          some person or persons, usually through the medium of
          trustees, and for the benefit of a wife, children, or
          other relatives; jointure granted to a wife, or the
          act of granting it.

   2. That which settles, or is settled, established, or fixed.
      Specifically:
      (a) Matter that subsides; settlings; sediment; lees;
          dregs. [Obs.]

                Fuller's earth left a thick settlement.
                                                  --Mortimer.
      (b) A colony newly established; a place or region newly
          settled; as, settlement in the West.
      (c) That which is bestowed formally and permanently; the
          sum secured to a person; especially, a jointure made
          to a woman at her marriage; also, in the United
          States, a sum of money or other property formerly
          granted to a pastor in additional to his salary.

   3. (Arch.)
      (a) The gradual sinking of a building, whether by the
          yielding of the ground under the foundation, or by the
          compression of the joints or the material.
      (b) pl. Fractures or dislocations caused by settlement.

   4. (Law) A settled place of abode; residence; a right growing
      out of residence; legal residence or establishment of a
      person in a particular parish or town, which entitles him
      to maintenance if a pauper, and subjects the parish or
      town to his support. --Blackstone. Bouvier.

   {Act of settlement} (Eng. Hist.), the statute of 12 and 13
      William III, by which the crown was limited to the present
      reigning house (the house of Hanover). --Blackstone.