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- Dictionaryremittance/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
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Mar 5, 2024 · A remittance is money sent to another party, usually in another country. Typically, the sender is a foreign worker and the recipient is a relative in the recipient's home country....
REMITTANCE definition: 1. an amount of money that you send to someone: 2. the act of sending payment to someone: 3. an…. Learn more.
Nov 9, 2017 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft. In other words, a remittance is the sum of money being sent, generally to someplace abroad.
1. a. : a sum of money remitted. b. : an instrument by which money is remitted. 2. : transmittal of money (as to a distant place) Did you know?
noun. formal us / rɪˈmɪt̬. ə ns / uk / rɪˈmɪt. ə ns / Add to word list. [ C ] an amount of money that you send to someone: She sends a small remittance home to her parents each month. [ U ] the act of sending payment to someone: remittance advice / information. SMART Vocabulary: related words and phrases. Costs & expenses. admission charge.
Remittance definition: the sending of money, checks, etc., to a recipient at a distance.. See examples of REMITTANCE used in a sentence.
A remittance is a payment that gets sent somewhere else. If you get a bill in the mail, you will usually have at least a week to send your remittance. To "remit" is to send money or make a payment and what you send is called remittance.
Define remittance. remittance synonyms, remittance pronunciation, remittance translation, English dictionary definition of remittance. n. 1. The sending of money to someone at a distance. 2. The sum of money sent. American Heritage® Dictionary of the English Language, Fifth Edition....
[uncountable] the act of sending money to somebody in order to pay for something synonym payment. Remittance can be made by cheque or credit card. Many countries place restrictions on the remittance of currency abroad. The goods will be dispatched on remittance of (= when you have sent) the full amount.
Sep 19, 2022 · Remittances are funds transferred from migrants to their home country. They are the private savings of workers and families that are spent in the home country for food, clothing,...
