Jeff has it right regarding the difference between an occultation and a transit. Some folks refer to all mutual planetary obscuration events as occultations, but if a planet crosses another one that appears wider, that is actually a transit.
Interestingly, the word eclipse is only properly applied to an event in which a shadow obscures an object, such as a lunar eclipse. What is commonly called a solar eclipse is actually an occultation if it is total and a transit if it is annular. But common usage trumps that notion, so I’ll keep calling them solar eclipses.
As I stated earlier regarding the term setting, that is a holdover from times when it was not known that the effect is due to the Earth’s rotation. While it may be more correct to say that the Earth appears to occult the Sun at dusk, common usage and the appearance that the Sun traverses the sky have made setting the term one must use to be understood. The usage of the term setting to describe an unusual scene from an orbiting satellite would also allow listeners to more quickly grasp the situation rather than hearing of an occultation.