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View synonyms for remittance

remittance

[ ri-mit-ns ]

noun

  1. the sending of money, checks, etc., to a recipient at a distance.
  2. money or its equivalent sent from one place to another.


remittance

/ rɪˈmɪtəns /

noun

  1. payment for goods or services received or as an allowance, esp when sent by post
  2. the act of remitting
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Other Word Forms

  • prere·mittance noun
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Word History and Origins

Origin of remittance1

First recorded in 1695–1705; remit + -ance
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Example Sentences

Examples have not been reviewed.

The money loved ones send back from the US is known as remittances, and these are propping up Guatemala's economy.

From BBC

Many funded their move through non-institutional loans, later sending remittances to their families.

From BBC

Mexican immigrants in the United States are also pillars of the Mexican economy, sending more than $60 billion annually in remittances back to their homeland.

Those remittances represent a pillar of the Mexican economy.

Mexico received $63.3 billion in remittances last year, nearly all of it from migrants living in the U.S.

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remittalremittance man