Settlement
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
DEED OF. A deed made for the purpose of settling property, i. e., arranging the mode and extent of the enjoyment thereof. The party who settles property is called the "settlor;" and usua Jly his wife and children or his creditors or his near relations are the beneficiaries taking interests under the settlement.