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.
1nounremittanceA sum of money sent to somebody.
“The monthly remittance kept three generations of the family fed.”
remittance is a payment.
Proto-Indo-European
*mey- (change)
Latin
remittō — to send, send back
Middle English
remitten
English
remit
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