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remittance - 5 dictionary results
re⋅mit⋅tance
[ri-mit-ns] 
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. |
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To remittance
| re·mit·tance (rĭ-mĭt'ns) n.
|
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Remittance
Re*mit"tance\ (r?-m?t"tans), n. 1. The act of transmitting money, bills, or the like, esp. to a distant place, as in satisfaction of a demand, or in discharge of an obligation. 2. The sum or thing remitted. --Addison.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : remittance
Spanish:
giro,
German:
die Überweisung,
Japanese:
送金
Remittance
The process of sending money to remove an obligation. This is most often done through an electronic network, wire transfer or mail. The term also refers to the amount of money being sent to remove the obligation.
Investopedia Commentary
When a person sends a check to the government to pay for a tax bill, the check is remittance to remove the tax obligation. If you were to send money to a friend in Europe through a wire-transfer service, the sum of the payment is the remittance.
Related Links
What Is Money?
See also: Bank, Debt, Obligation, Retail Banking, Transfer Payment, Wire Transfer
Also spelled: remmitance, remitence, remittence
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Main Entry: re·mit·tance
Pronunciation: ri-'mit-&ns
Function: noun
1 a : a sum of money remitted b : an instrument by which money is remitted
2 : transmittal of money (as to a distant place)
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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