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remittance

[ri-mit-ns] /rɪˈmɪt ns/
noun
1.
the sending of money, checks, etc., to a recipient at a distance.
2.
money or its equivalent sent from one place to another.
Origin
1695-1705
1695-1705; remit + -ance
Related forms
preremittance, noun
Can be confused
remission, remittance.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for remittances
  • But historically, it's been difficult to direct the money because the remittances are private funds sent between families.
  • Gold and cocoa production, and individual remittances, are major sources of foreign exchange.
  • And that isn't to even mention that remittances are helping to prop up the economies of the countries to our south.
  • The population is poor, relying overwhelmingly on remittances from relatives working abroad, but friendly.
  • As in previous years, the large trade deficit was offset by family remittances.
  • All daily remittances must be sent by overnight traceable method.
  • For these instructions, payments for debts, premiums or fees are defined as remittances.
  • Electronic remittances are mandatory at this withholding threshold, so these taxpayers will not receive payment vouchers.
  • remittances, including unendorsed returned benefit checks, are mailed the same day.
  • Special post office boxes to facilitate the processing of large remittances.
British Dictionary definitions for remittances

remittance

/rɪˈmɪtəns/
noun
1.
payment for goods or services received or as an allowance, esp when sent by post
2.
the act of remitting
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for remittances

remittance

n.

1705; see remit + -ance. Earlier in same sense were remitment (1610s of offenses; 1670s of money sent); remital (1590s).

Online Etymology Dictionary, © 2010 Douglas Harper
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