Remittance — can also refer to the accounting concept of a monetary payment transferred by a customer to a business. See remittance advice A remittance is a transfer of money by a foreign worker to his or her home country. See remittance man below for the… … Wikipedia
remittance — re‧mit‧tance [rɪˈmɪtns] noun formal ACCOUNTING FINANCE 1. [countable] an amount of money sent somewhere to pay for something: • Lower oil prices and improved remittances from overseas workers have eased pressure on foreign reserves … Financial and business terms
remittance — re·mit·tance /ri mit əns/ n 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. Merriam Webster. 1996 … Law dictionary
remittance — 1705; see REMIT (Cf. remit) + ANCE (Cf. ance) … Etymology dictionary
remittance — ► NOUN 1) a sum of money remitted. 2) the action of remitting money … English terms dictionary
remittance — [ri mit′ ns] n. [< REMIT + ANCE] 1. the sending of money, as by mail 2. the money sent … English World dictionary
remittance — n. 1) to enclose; send a remittance 2) (obsol.) (BE) a remittance man ( one living abroad on money sent from home ) * * * [rɪ mɪt(ə)ns] send a remittance to enclose (obsol.) (BE) a remittance man ( one living abroad on money sent from home ) … Combinatory dictionary
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. When a person sends a check to… … Investment dictionary
remittance — re|mit|tance [rıˈmıtəns] n 1.) formal an amount of money that you send to pay for something 2.) [U] when you send money on remittance of sth ▪ We will forward the goods on remittance of £10 … Dictionary of contemporary English
remittance — [[t]rɪmɪ̱təns[/t]] remittances N VAR A remittance is a sum of money that you send to someone. [FORMAL] Please enclose your remittance, making cheques payable to Thames Valley Technology. Syn: payment … English dictionary