remittance
noun
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Definition of remittance
1a : 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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Synonyms & Antonyms for remittance
Synonyms
compensation, disbursement, giving, paying, payment, remitment, remuneration
Antonyms
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Examples of remittance in a Sentence
Recent Examples on the Web
This leads to wide use of the greenback, which arrives through remittances and major aid agencies that operate here and mainly pay in the U.S. currency. — Matina Stevis-gridneff, WSJ, "An Isolated Country Runs on Mobile Money," 8 July 2018 Indian émigrés sent home $69 billion in 2015, making their country the world’s top recipient of remittances. — Vidhi Doshi, Washington Post, "Orange is the new blue: Why India wants to color-code its passports," 15 Jan. 2018 These remittances, other researchers point out, help foster economic growth and political reform. — Beth Elise Whitaker, Washington Post, "What the ‘s---hole’ debate gets wrong about Africa," 18 Jan. 2018 Alibaba’s rival, Tencent, has also launched a Hong Kong-Philippines remittance service through its app, WeChat. — Lucinda Shen, Fortune, "Alibaba's Ant Financial Just Launched a Blockchain-based Remittance Service," 26 June 2018 Such remittances are a significant portion of income for Filipino workers—representing about 10.2% of the Philipplines’ GDP in 2016, according to data from the World Bank. — Lucinda Shen, Fortune, "Alibaba's Ant Financial Just Launched a Blockchain-based Remittance Service," 26 June 2018 The momentary haven of their imaginations was more rewarding than the paltry payments but eventually the money added up to a remittance. — Rigoberto González, latimes.com, "A thread of pain ties two brothers in Rigoberto González's 'What Drowns the Flowers in Your Mouth'," 8 June 2018 Their remittances home are an important contributor to the country's economy. — Euan Mckirdy, CNN, "Duterte's kiss was 'act of endearment,' spokesman says," 4 June 2018 New issues found included instances in which UConn Health was late to deposit payments — including remittances of more than $1 million. — Rebecca Lurye, courant.com, "Audit: Hiring Of UConn Health CEO Created Possible Conflict Of Interest," 23 May 2018These 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.
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More Definitions for remittance
remittance
noun
English Language Learners 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
See the full definition for remittance in the English Language Learners Dictionary
remittance
noun
\
Kids Definition of remittance
: money sent in payment
remittance
noun
\
Legal Definition of remittance
1a : 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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