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"peace settlement" is a correct and commonly used phrase in written English
It refers to an agreement or resolution reached between conflicting parties in order to establish peace. Example: The long-standing conflict between the two countries finally came to an end with the signing of a peace settlement last month.
Exact(60)
The peace settlement in Northern Ireland.
That means a peace settlement between Israel and the Palestinians.
Whatever the peace settlement contains, the fight is over.
Time was spent discussing the peace settlement and its procedure.
After the peace settlement (1815), he became ambassador to England.
Here the final cure is a peace settlement".
Only a negotiated peace settlement can overcome the Isil threat.
Opponents of the peace settlement were predictably harsher.
Then the Sudanese government offered a peace settlement.
The highly autonomous RS was recognised by the peace settlement.
A truly comprehensive peace settlement is well overdue.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com