A settlement is a place where people establish a community, often consisting of homes, businesses, and public spaces. Settlements can vary in size, from small villages to large cities, and they usually develop near resources like water, fertile land, or trade routes. The growth of a settlement often depends on factors such as geography, economy, and social connections. In addition to physical locations, the term "settlement" can also refer to an agreement reached between parties, such as in legal disputes. For example, a settlement agreement might resolve a conflict without going to trial, allowing both sides to come to a mutually acceptable solution.