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单词 settlement
释义 settlement

settlement // noun

BANK FOR INTERNATIONAL SETTLEMENTS, CASH SETTLEMENT, ROLLING SETTLEMENT

1 [C]

an official agreement that ends an argument between two people or groups:

The management and unions have reached a settlement over new working conditions.

An out-of-court settlement

(= an agreement that is made or money that is paid to stop sb going to court) has been agreed in the dispute over the terms of the loan.

❖ to agree/negotiate/offer/reach a settlement

◆ a financial/global/an industry-wide/a negotiated settlement

◆ a pay/wage settlement

2 [U]

the action of reaching an agreement:

the settlement of a claim/dispute

The dismissed workers rejected the settlement offer so the case went to court.

The letter set out the settlement terms that the injured driver would accept .

3 [U]

the action of paying money that you owe:

We offer a reduced price for quick settlement.

the settlement of a debt

a cheque in settlement of a bill

4 (Finance ; Stock Exchange ) [U]

the action of paying money that you owe for investments, etc:

the settlement system for securities

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更新时间:2025/1/22 16:16:02