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What does seltment mean?

"Seltment" is not a standard English word. It's likely a misspelling of either:

* Settlement: This means the process of reaching an agreement or resolving a dispute, often involving money or property.

* Settlement: This can also refer to a place where people live, particularly a village or town.

Example:

* "They reached a settlement in the lawsuit." (meaning an agreement was made)

* "The new settlement is located near the river." (meaning a new town or village)

If you can provide more context, I can help you understand the intended meaning.

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