Akademik

settle

settle set‧tle [ˈsetl] verb

1. [intransitive, transitive] to end an argument by agreeing to do something:

• The two companies signed a pact that settled the patent suit.

• Before the second phase of the trial, the companysettled out of court (= ended the argument without having to go to court ) .

settle something with somebody

• The bankruptcy trustee ultimately settled the dispute with shareholders.

2. [intransitive] FINANCE if prices on a market settle, they stop rising or falling and stay at a particular level for a period of time:

• Crude oil futures prices settled lower in light trading.

3. [transitive] FINANCE to pay money that is owed:

• Proceeds from the sale will be used to settle debt to other creditors.

• Credit cards are one of the best ways of settling bills when you travel abroad.

settle on/upon phrasal verb [transitive]

1. settle on/upon something to decide or agree about something:

• Following extensive consultation, the company settled on the framework for the technical elements of its IT strategy.

2. settle something on/upon somebody LAW to make a formal arrangement to give money or property to someone:

• A trust was drawn up that settled a large sum on his daughter when she married.

settle up phrasal verb [intransitive] FINANCE

to pay what you owe on an account or bill:

• After he had collected his money, he settled up and left the hotel.

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settle UK US /ˈsetl/ verb

► [T] to pay money that you owe: »settle a bill/debt
»Only half of their clients settled their accounts on time.

► [I or T] to end an argument by reaching an agreement to do something: »settle a dispute/argument/lawsuit
»The company paid $5 million to former employees to settle claims of unfair dismissal.
»Union and management were urged to settle their differences.
»The company decided it was cheaper to settle rather than fight the case in court.

► to make a final decision about something: »We need a final meeting to settle the matter once and for all.
»OK, so that's settled then.

► [I] FINANCE if prices, values, etc. settle, they stop moving up or down: »They expect house price inflation to settle around 10%.
settle at sth »After a rocky ride, shares in the entertainment company settled at $13.

● settle out of court — Cf. settle out of court

Financial and business terms. 2012.