In poor-law terminology, the place of settlement is the parish/union that should have been paying for the upkeep of that person in the workhouse. It may not be where they immediately came from.
But sometimes in workhouse registers that column is ‘re-purposed’ and contains different information. So if you can post the details of the entry you’re looking at (name, date, etc.), those who have access to the image can take a look at it in context.