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TeachMeFinance.com - explain Settlement Settlement The term 'Settlement' as it applies to the area of reclamation can be defined as ' The sinking of land surfaces because of subsurface compaction, usually occuring when moisture, added deliberately or by nature, causes a reduction in void volumes'. Previous 5 Terms: Set-aside program setback setiferous setiform setigerous Next 5 Terms: settling pond (water quality) Set-Top Box Setup Set-up Severe accident About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.