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    remittance
    /rɪˈmɪt(ə)ns/

    noun

    • 1. a sum of money sent in payment or as a gift: "complete your booking form and send it together with your remittance" Similar paymentsettlementmoneyfee

    More definitions, origin and scrabble points

  2. Mar 5, 2024 · A remittance is money sent from one party to another, usually by a foreign worker to their family back home. Learn how remittances work, how to send one, and their impact on the global economy.

  3. Remittance is an amount of money that you send to someone or the act of sending payment to someone. Learn more about the different types and uses of remittance, such as in finance, commerce, and economics, with examples and translations.

  4. Remittance is a noun that means a sum of money sent or an instrument by which money is sent. It can also mean the act of sending money to a distant place. Learn more about its synonyms, examples, history, and legal usage.

  5. Remittance is an amount of money that you send to someone or the act of sending payment to someone. Learn more about the different types and uses of remittance, such as foreign worker remittances, with examples and translations.

  6. en.wikipedia.org › wiki › RemittanceRemittance - Wikipedia

    A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.

  7. Remittance definition: the sending of money, checks, etc., to a recipient at a distance.. See examples of REMITTANCE used in a sentence.

  8. Sep 28, 2022 · A remittance is a sum of money transferred from one party to another – typically abroad. The term is derived from the word remit, which means to send back. According to most definitions, to remit is to send money in payment of a demand, account, or draft so, broadly speaking, any payment of an invoice or a bill can be called a remittance.

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