settlement vs colonial

settlement and colonial both are nouns.

Word	Noun	Adjective	Verb	Adverb
settlement	Yes	No	No	No
colonial	Yes	Yes	No	No

settlement (noun)	colonial (noun)
termination of a business operation by using its assets to discharge its liabilities	a resident of a colony
the act of colonizing; the establishment of colonies
something settled or resolved; the outcome of decision making
a conclusive resolution of a matter and disposition of it
a body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
a community of people smaller than a town
an area where a group of families live together

settlement (adjective)	colonial (adjective)
	of or relating to or characteristic of or inhabiting a colony
	of animals who live in colonies, such as ants
	composed of many distinct individuals united to form a whole or colony