remittance
Americannoun
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the sending of money, checks, etc., to a recipient at a distance.
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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.
Many Cubans rely on remittances from family members abroad.
The yen's weakness has devalued remittances sent home and there is increasing competition from labour markets such as South Korea, denting Japan's reputation among Vietnamese, immigration expert Jotaro Kato told AFP.
From Barron's
However, the policies have brought an unexpected windfall to the Honduran economy: the thousands of Hondurans who live undocumented and under the radar in those cities are sending home more remittances than ever.
From BBC
The impoverished Central American nation of 11 million people relies heavily on the remittances sent by migrants working in the U.S.
Hondurans working in the U.S. have sent some $10 billion in remittances so far this year, more than the whole of 2024, according to government data.
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.
