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remittance (B2)

noun

Pronunciation: /rɪˈmɪtəns/

A sum of money sent, especially by mail, in payment for goods or services, or as a gift.

The family relies heavily on the monthly remittance from their son working abroad.
Please include the remittance slip with your payment to ensure it's processed correctly.
Global remittances reached record highs last year, significantly boosting economies in developing countries.

remittance from (prepositional phrase): Money sent by a person or entity. — "The village economy relies on remittances from its diaspora."
remittance to (prepositional phrase): Money sent to a person or place. — "There was a significant increase in remittances to developing nations."

Words with a similar meaning to remittance:

Words with the opposite meaning to remittance: