To adjust, ascertain, or liqui-date; to pay. Partles are sald to settle an account when they go over lts ltems and as-certaln and agree upon the balance due from one to the other. And, wheu the party ln-debted pays such balance, he ia also said to settle It. Auzerals v. Naglee, 74 Cal. 60, 15 Pac. 371; Jackson v. Ely, 57 ohlo St. 450, 49 N. E. 792; People v. Green, 5 Daly (N. Y.) 201; Lynch ▼. Nugent, 80 Iowa, 422, 46 N. W. 61
Source: Black's Law Dictionary 2nd Ed (1910)