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Remittance Meaning in English

word

ɹəˈmɪtəns/, /ɹiˈmɪtəns
ri-MIT-ens
ɹɪmˈɪtəns
ri-MIT-ens

Definition

A remittance is a sum of money that is sent, especially by mail or electronically, from one person to another, often to family or friends in another country.

Usage & Nuances

Formal/business term, commonly used in banking and international finance. Most often refers to money sent by immigrants to support families back home. Not used for everyday personal payments between friends locally.

Example Sentences

He sends a remittance to his parents every month.

basic

The remittance was received yesterday.

basic

Many families depend on remittances from relatives abroad.

basic

Did your remittance go through this time?

natural

He checks the status of his remittance online every week.

natural

Due to delays, my remittance didn’t arrive on time last month.

natural