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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