The peace settlement refers to the agreements made between countries at the end of a war to establish conditions for peace. In this context, it specifically refers to the treaties that ended World War One.
Related terms
League of Nations: An international organization established after World War One with the goal of promoting collective security and preventing future wars.
Reparations: Payments or compensations demanded by victorious nations from defeated nations as punishment for war damages.
Self-determination: The right of people within a given territory to determine their own political status and form of government.