Often implies a small sense of disappointment for not getting exactly what was preferred. I had to settle for the slower train because the express was sold out.
Pro Tip 2/3
Realistic Choice
Used when making the most practical or available choice, rather than idealizing. The apartments in the city were too expensive, so he settled for a place in the suburbs.
Pro Tip 3/3
Better Than None
Reflects accepting an option that suffices, over having nothing at all. Although he wanted steak, he settled for chicken because it was all that was left.