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
Furthermore, according to a recent survey, 77 percent of Salvadoran and Honduran TPS holders send remittances back to relatives still in those countries.
The World Bank estimates that remittances from abroad made up 17% of El Salvador's Gross Domestic Product in 2016.
Filipinos overseas sent home a record $28 billion in cash remittances last year, money that helped fuel spending and sustain expansion in one of the world's fast-growing economies.
In 2015, according to a recent World Bank report, immigrants sent more than $430 billion in remittances to developing countries — three times the total global aid to them.
This is what happened when Alibaba affiliate Ant Financial tried to buy remittance heavyweight Moneygram and when Alibaba competitor Tencent tried to invest in Here Technologies, a digital mapmaker.
PayPal also points out that its volumes are much higher when taking into account its namesake PayPal service and remittance platform Xoom.
Total remittances from the United States jumped by more than 10% in the first 11 months of 2017, possibly because many Salvadoreans feared that their dollar-earning days might be numbered under Mr Trump.
Jobs became scarce, and the fall of the Brazilian real meant that the remittances migrants sent home were worth far less.
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.
First Known Use of remittance
REMITTANCE Defined for English Language Learners
Definition of remittance for English Language Learners
: an amount of money that is sent as a payment for something
: the act of sending money as a payment for something
REMITTANCE Defined for Kids
Seen and Heard
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