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settlements Definition

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settlements
noun(set-tle-ment)
the act or process of settling
settlements
noun(set-tle-ment)
an act of bestowing or giving possession under legal sanction
settlements
noun(set-tle-ment)
the sum, estate, or income secured to one by such a settlement
settlements
geographical name(set-tle-ment)
former country in southeastern Asia on the Strait of Malacca comprising Singapore Island, Penang, and Melaka area 1242 square miles (3229 square kilometers); now divided between the republic of Singapore and the federation of Malaysia
settlements
noun(set-tle-ment)
an agreement by which the owner of a life insurance policy that covers a person (such as the owner) who has a catastrophic or life-threatening illness receives compensation for less than the expected death benefit of the policy in return for a turning over (as by sale or bequest) of the death benefit or ownership of the policy to the other party (such as a company specializing in such transfers) —called also viatical

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