The meaning of REMITTANCE is a sum of money remitted. How to use remittance in a sentence. Did you know?

2024年3月5日 · A remittance is money sent to another party, usually in another country. Typically, the sender is a foreign worker and the recipient is a relative in the recipient's home country.

A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland.

In plain language, remittances usually refer to one of two things: A payment made from one person to another person, with both individuals located in different countries. This is a remittance in personal context.

REMITTANCE definition: 1. an amount of money that you send to someone: 2. the act of sending payment to someone: 3. an…. Learn more.

Define remittance. remittance synonyms, remittance pronunciation, remittance translation, English dictionary definition of remittance. n. 1. The sending of money to someone at a distance. 2. The sum of money sent. American Heritage® Dictionary of the English Language, Fifth Edition....

In simple terms, a remittance is the transfer of money to another country. They form a large part of the global economy, which depends upon the regular flow of money between nations. If you are one of the legions of people who send money across borders, it’s important to …

2022年5月4日 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft¹. In other words, a remittance is the sum of money being sent, generally to someplace abroad, although it can also be made domestically.

REMITTANCE definition: payment for goods or services received or as an allowance , esp when sent by post | Meaning, pronunciation, translations and examples

Definition of remittance noun from the Oxford Advanced Learner's Dictionary. [countable] (formal) a sum of money that is sent to somebody in order to pay for something. Please return the completed form with your remittance. Want to learn more? [uncountable] the act of sending money to somebody in order to pay for something synonym payment.