Meaning

noun a community of people smaller than a town

noun a settlement smaller than a town

noun a mainly residential district of Manhattan; `the Village' became a home for many writers and artists in the 20th century

originFrom Middle English village, from Old French village, from Latin vīllāticus, ultimately from Latin villa (English villa). Broadly overtook Old English wic, þorp, and ham. The Philippine sense is due to its frequent use in the names of gated communities.

Etymology from Wiktionary, CC BY-SA 3.0