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remittance

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noun re·mit·tance \ri-ˈmi-tən(t)s\

Simple Definition of remittance

  • : an amount of money that is sent as a payment for something

  • : the act of sending money as a payment for something

Source: Merriam-Webster's Learner's Dictionary

Full Definition of remittance

  1. 1 a :  a sum of money remitted b :  an instrument by which money is remitted

  2. 2 :  transmittal of money (as to a distant place)

Examples of remittance in a sentence

  1. Remittance can be made by check or credit card.

  2. <she always mails in her remittance on time so she won't ever be charged a late fee on her electric bill>



1705

First Known Use of remittance

1705


REMITTANCE Defined for Kids

remittance

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noun re·mit·tance \ri-ˈmi-təns\

Definition of remittance for Students

  1. :  money sent in payment




Law Dictionary

remittance

play
noun re·mit·tance \ri-ˈmit-əns\

Legal Definition of remittance

  1. 1a :  a sum of money remitted b :  an instrument by which money is remitted

  2. 2 :  transmittal of money (as to a distant place)





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