SETTLEMENT

(noun) termination of a business operation by using its assets to discharge its liabilities
synonyms : liquidation
(noun) the act of colonizing; the establishment of colonies
"the British colonization of America"
synonyms : colonisation , colonization
(noun) something settled or resolved; the outcome of decision making
"they finally reached a settlement with the union", "they never did achieve a final resolution of their differences", "he needed to grieve before he could achieve a sense of closure"
synonyms : closure , resolution
(noun) a conclusive resolution of a matter and disposition of it
(noun) a community of people smaller than a town
synonyms : small town , village
(noun) a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
"the American colony in Paris"
synonyms : colony
(noun) an area where a group of families live together

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