The phrase "affair is settled" is correct and usable in written English.
It can be used to indicate that a situation or issue has been resolved or concluded.
Example: "After much discussion, we finally reached an agreement, and the affair is settled."
Alternatives: "matter is resolved" or "issue is concluded."
In the first years of Philip's reign the Aragonese affair was settled, and Philip intensified his predecessors' efforts to reform and rationalize the administration of the realm.
It was a continent where toilet water went backwards and international affairs were settled with a swift kick to the bum.
Al-Atrash wrote that he was currently occupied with operations in the Hauran, but he would dispatch his entire force to back the Damascus rebels as soon his military affairs were settled.
Moreno, who took a one-day hiatus from discussing Matthews, has said that he wants the situation resolved before the season opener on April 2. Without offering any evidence as to how or why Matthews's involvement in the affair could be settled by then, Selig called Moreno's deadline "very fair".
James Murdoch told the panel last week that when he took over News International in late 2007 — months after a News of the World reporter and a private investigator were jailed for hacking into the voice mail of members of the royal family — he believed that the affair had been settled.
But the reverse would not be true: because none of the other nations had a devolved parliament of their own, their affairs would be settled in the UK parliament, where Scottish MPs would still vote even though the policies passed would have no effect in Scotland.
This aspect of the affair has now been settled out of court, although mother and daughter are once again quarrelling in public.
