Etymology
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settler (n.)

1590s, "a thing that settles" (a debate, etc.); agent noun from settle (v.). Meaning "a person who moves into a new country" is from 1690s.

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Definitions of settler

settler (n.)
a person who settles in a new colony or moves into new country;
Synonyms: colonist
settler (n.)
a negotiator who settles disputes;
settler (n.)
a clerk in a betting shop who calculates the winnings;
From wordnet.princeton.edu