settlement

Settlement has 3 syllables: set · tle · ment.

noun. The act of colonizing; the establishment of colonies.

noun. A community of people smaller than a town.

noun. Termination of a business operation by using its assets to discharge its liabilities.

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.