noun: something settled or resolved; the outcome of decision making
Example: "The finally reached a settlement with the union"
noun: a conclusive resolution of a matter and disposition of it
noun: an area where a group of families live together
noun: termination of a business operation by using its assets to discharge its liabilities
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
noun: the act of colonizing; the establishment of colonies