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
Full Definition of remittance
1 a : a sum of money remitted b : an instrument by which money is remitted
2 : transmittal of money (as to a distant place)
Examples of remittance
Remittance can be made by check or credit card.
<she always mails in her remittance on time so she won't ever be charged a late fee on her electric bill>
First Known Use of remittance
REMITTANCE Defined for Kids
Definition of remittance
: money sent in payment
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