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remittance

UK/ɹɪˈmɪtəns/US/ɹɪˈmɪtəns/
nounC2Rare in speech; mostly a word you read · #14,007 of 15,258leans written

Other forms: remittances

A remittance is a sum of money sent to somebody. Send a remittance home.

Money sent home by workers abroad is the commonest use, and it is larger worldwide than foreign aid. The charges on a small remittance can take a tenth of it, which is a real injustice.

Definitions of remittance

  1. 1nounremittanceA sum of money sent to somebody.C2

    “The monthly remittance kept three generations of the family fed.”

remittance is a payment.

Where it comes from

  1. Proto-Indo-European

    *mey- (change)

  2. Latin

    remittō — to send, send back

  3. Middle English

    remitten

  4. English

    remit

  5. English, today

    remittance

From remit + -ance. remit comes from Middle English remitten, from Latin remittō (“to send, send back”). Compare Old French remettre, remetre, remitter.

Etymology from Wiktionary, CC BY-SA

Practise this word

remittance in the wild

  • The Metrobank Group has a combined network of over 800 local and international branches/offices, remittance offices and subsidiaries worldwide.

    Metrobank (Philippines)

  • Most remittance flows from high-income countries to lower-income countries.

    Remittance

  • A substantial share of remittance ends up in the hands of banks and money-transfer companies due to fees imposed on money transfers.

    Remittance

  • The bank has remittance arrangements with more than 110 banks and exchange companies around the world.

    Federal Bank

  • If the customer is paying by cheque, the remittance advice often accompanies the cheque.

    Remittance advice

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

the remittō family

remissionremiss

remittance — used about once every 33,333 pages · #14,007 · point at the bar for the others