The difference between Agreement and Settlement

When used as nouns, agreement means an understanding between entities to follow a specific course of conduct, whereas settlement means the act of settling.

check bellow for the other definitions of Agreement and Settlement

  1. Agreement as a noun (countable):

    An understanding between entities to follow a specific course of conduct.

    Examples:

    "to enter an agreement; the UK and US negotiators nearing agreement; he nodded his agreement."

  2. Agreement as a noun (uncountable):

    A state whereby several parties share a view or opinion; the state of not contradicting one another.

    Examples:

    "The results of my experiment are in agreement with those of Michelson and with the law of General Relativity."

  3. Agreement as a noun (uncountable, legal):

    A legally binding contract enforceable in a court of law.

  4. Agreement as a noun (uncountable, linguistics, grammar):

    Rules that exist in many languages that force some parts of a sentence to be used or inflected differently depending on certain attributes of other parts.

  5. Agreement as a noun (obsolete, chiefly, _, in the plural):

    An agreeable quality.

  1. Settlement as a noun:

    The act of settling.

  2. Settlement as a noun:

    The state of being settled.

  3. Settlement as a noun:

    A colony that is newly established; a place or region newly settled.

  4. Settlement as a noun:

    A community of people living together, such as a hamlet, village, town, or city.

  5. Settlement as a noun (architecture):

    The gradual sinking of a building. Fractures or dislocations caused by settlement.

  6. Settlement as a noun (finance):

    The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.

  7. Settlement as a noun (legal):

    A disposition of property, or the act of granting it.

  8. Settlement as a noun (legal):

    A settled place of abode; residence; a right growing out of legal residence.

  9. Settlement as a noun (legal):

    A resolution of a dispute.

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