To place on or into a physical location.
The statue is situated in a corner hardly visible to the public, except through a window from an outside maintenance area situated behind the building.
To place or put into an intangible place or position, such as social, ethical, fictional, etc. Most commonly used adjectivally in past participle and often used figuratively.
The mayor is situated between probable censure and possible recall.
Located in a specific place.
Supplied with money or means.