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1.
In the Jewish funeral tradition, the gravestone is generally erected between 6 and 12 months after the burial of the dead person.

Prayers are said and a small ceremony is held beside the grave. The inscription on the headstone is normally read out.
John: "You look upset mate..."

Jack: "Yeah, it was my uncle's stone setting this morning"
by SW1112 September 26, 2012
 
2.
The manner, position, or direction in which a stone is set.
The stone setting in her wedding ring was beautiful.
by Jennifer Kelly October 26, 2007