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SETTLEMENT

Definition:

[noun] a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
Synonyms: colony
[noun] a community of people smaller than a town
Synonyms: village, small town
[noun] a conclusive resolution of a matter and disposition of it
[noun] the act of colonizing; the establishment of colonies; "the British colonization of America"
Synonyms: colonization, colonisation
[noun] something settled or resolved; the outcome of decision making; "the finally reached a settlement with the union"; "they never did achieve a final resolution of their differences"; "he needed to grieve before he could achieve a sense of closure"
Synonyms: resolution, closure
[noun] an area where a group of families live together
[noun] termination of a business operation by using its assets to discharge its liabilities
Synonyms: liquidation