remittance
Americannoun
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the sending of money, checks, etc., to a recipient at a distance.
-
money or its equivalent sent from one place to another.
noun
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payment for goods or services received or as an allowance, esp when sent by post
-
the act of remitting
Other Word Forms
- preremittance noun
Etymology
Origin of remittance
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
With a price tag near $2,000, only those with family members abroad sending remittances can afford them.
From Salon
They were all to be paid between $1,000 and $3,000 a month -- a fortune in Kenya where jobs are scarce and the government encourages emigration to boost remittances.
From Barron's
The U.S. could further squeeze Cuba by cutting off remittances, crucial to the island’s economic survival.
He has reported from Mexico on the impact of remittances on generational wealth and interned at USAFacts, where he focused on healthcare coverage.
It can directly lead to less consumer demand and labor supply within the U.S., but also indirectly affect the amount of remittance money that foreign workers send home to their families abroad.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
