SETTLEMENT

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

Example: "The american colony in paris"

A community of people smaller than a town

A conclusive resolution of a matter and disposition of it

The act of colonizing; the establishment of colonies

Example: "The british colonization of america"

Something settled or resolved; the outcome of decision making

Example: "They finally reached a settlement with the union"

An area where a group of families live together

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