What is the meaning of Colony?

An area under the political control of another country and typically occupied by settlers (colonists) from it, or by their descendants.

A group of people who settle such an area and maintain ties to their native country, and (later) their descendants.

A group of people, of one nationality, ethnic group, or language, residing in a different country, city, or area; the area such people occupy.

A group of people with similar interests, occupations, or characteristics, living in a particular area; the area such people occupy.

A group of organisms of same or different species living together in close association.

A group of bacteria, fungi or other cells cultured together, especially from a single cell.

An apartment complex or neighborhood.

A local group of Beaver Scouts.

A potential new chapter of a fraternity or sorority awaiting official recognition from their headquarters.

To colonize.

Source: wiktionary.org