remittance

noun re·mit·tance \ ri-ˈmi-tᵊn(t)s \

|Updated on: 15 Jun 2018

Examples: remittance in a Sentence

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)

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Examples of remittance in a Sentence

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

Recent Examples of remittance from the Web

Hondurans working in the United States under protected status account for 12 to 15 percent of remittances sent to the country, money typically sent to help relatives.

— miriam jordan, New York Times, "Trump Administration Ends Protected Status for Thousands of Hondurans," 4 May 2018
States connected to donors through migration — the countries that benefit from the remittances sent back by family members who emigrate — are also likely to receive more aid.

— sarah bermeo, Washington Post, "Trump wants to cut immigration and foreign aid. Here's how they're connected.," 22 Feb. 2018
These remittances account for nearly 20 percent of the gross domestic product in El Salvador and Honduras, and nearly 30 percent in Haiti, according to 2016 World Bank estimates.

— chicagotribune.com, "U.S. embassy cables warned against expelling 300,000 immigrants. Trump officials did it anyway.," 8 May 2018
In a bid to make this happen, Livingston decided last year that Kik should turn to Stellar, an open-source blockchain whose technology is also being used for remittances, and by IBM and banks to move money in the South Pacific.

— jeff john roberts, Fortune, "Chat App Kik Launches Second Blockchain to Boost Its Token Economy," 8 May 2018
Western Union, the giant incumbent of the global remittances industry, is also experimenting with it.

— The Economist, "Not to the swiftThe battle for the remittances market," 3 May 2018
Residents can send a check by U.S. Mail to the remittance address shown on their bill.

— Houston Chronicle, "Utility bill scammers step up their game," 16 Mar. 2018
Armenians working abroad often support several family members back home, by sending them their paychecks: remittances account for about 14 percent of Armenia’s gross domestic product.

— Washington Post, "Poverty-stricken Armenians pin hopes on opposition," 5 May 2018
In December the central bank launched an initiative to promote the use of e-wallets for cheaper remittances.

— The Economist, "Not to the swiftThe battle for the remittances market," 3 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'remittance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.