Reconciliation vs Settlement - What's the difference?
reconciliation | settlement |
The reestablishment of friendly relations; conciliation or rapprochement.
(theology) The end of estrangement between a human and God as a result of the process of atonement; more specifically,
:* A Roman Catholic sacrament involving contrition, confession, punishment and absolution; penance.
(accounting) Process of matching and comparing figures from accounting records against those presented on a bank statement.
The state of being settled.
A colony that is newly established; a place or region newly settled.
A community of people living together, such as a hamlet, village, town, or city.
(architecture) The gradual sinking of a building. Fractures or dislocations caused by settlement.
(finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.
(legal) A disposition of property, or the act of granting it.
(legal) A settled place of abode; residence; a right growing out of legal residence.
(legal) A resolution of a dispute.
As nouns the difference between reconciliation and settlement
is that reconciliation is the reestablishment of friendly relations; conciliation or rapprochement while settlement is the state of being settled.reconciliation
English
(wikipedia reconciliation)Noun
(en noun)- He longed for reconciliation with his estranged father, but too many painful memories kept him from making contact again.