From Longman Dictionary of Contemporary Englishplace settingˈplace ˌsetting noun [countable] DFUan arrangement on a table of knives, forks, glasses etc to be used by one person
Examples from the Corpus
place setting• Perhaps paint place setting on to mats so that knives and forks can be matched to picture.• Dishwasher manufacturers use a standard place setting as a guide to how much machines will hold.• The place setting is laid with the silver dinner service made by Garrard. 