remittance

noun

re·​mit·​tance ri-ˈmi-tᵊn(t)s 

1

a

: a sum of money remitted

b

: an instrument by which money is remitted

2

: transmittal of money (as to a distant place)

Did you know?

Since the 14th century, the verb remit has afforded a variety of meanings, including "to lay aside (a mood or disposition)," "to release from the guilt or penalty of," "to submit or refer for consideration," and "to postpone or defer." It is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in financial contexts referring to the release of money as payment isn't transacted until the 17th century.

Synonyms of remittance

• payment
• compensation
• pay

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 on the Web

Within the identifiable real-world payments, McKinsey and Artemis count $226 billion of B2B transfers, roughly $90 billion of payroll and remittances, and $8 billion of capital-markets settlement. — Zennon Kapron, Forbes.com, 28 July 2026

Black people are not the only ones appealing for financial remittance and restitution for descendants of the enslaved. — Literary Hub, 27 July 2026

These ERRs rely on remittances, aid grants, and community donations to finance relief efforts. — Mat Nashed, Christian Science Monitor, 21 July 2026

The other day, the HSI team in the Philippines were told about three remittance services that had become most prominent in livestreaming cases. — Charlie Campbell, Time, 20 July 2026

Word History

Etymology

remit entry 1 + -ance

First Known Use

1672, in the meaning defined at sense 1a

Phrases Containing remittance

• remittance man

Rhymes for remittance

• acquittance
• admittance
• emittance
• transmittance
• pittance

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Kids Definition

remittance

noun

re·​mit·​tance ri-ˈmit-ᵊn(t)s 

1

: money sent especially in payment

2

: a sending of money (as to a distant place)

Legal Definition

remittance

noun

re·​mit·​tance ri-ˈmit-ᵊns 

1

a

: a sum of money remitted

b

: an instrument by which money is remitted

2

: transmittal of money (as to a distant place)