remittance

Money sent abroad

Remittance is money sent as payment, especially across a distance.

The word appears most often in formal or financial contexts: bills requesting remittance, or workers sending remittances to family in another country.

Remittances from abroad account for a significant portion of the country's GDP.

The verb is remit.

transfer

wire

Thin metallic conductor

  • swiftMoving with speed
  • eftJuvenile terrestrial salamander
  • achCeltic expression of frustration

telegraphic · giro · wise · interbank · blockchain · cryptocurrency · ripple · mobile money

payment

money order

Prepaid negotiable instrument

  • draftPreliminary version of text
  • checkOrder to pay
  • fundsAvailable financial resources

cash · payout · disbursement · settlement · clearing · beneficiary · recipient · sender · amount · currency

migrant

diaspora

Scattered population sharing origins

overseas · abroad · home country · corridor · inflow · family support · host country · guest worker · receiving country · labor migration

support

family

Related people together

subsistence · education · healthcare · housing · bills · groceries · school fees · medical expenses · contribution · obligation

Categories
Opposites
direction of money transfer

remittancereceipt

Written payment acknowledgment

collection · taking · withdrawal · extraction · receiving

fulfillment of payment obligation

remittancenonpayment

Failure to settle debts

default · underpayment · withholding · arrears · delinquency

transaction type

remittanceloan

Borrowed money repaid later

borrowing · debt · credit · advance · lien

Family

remittances

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G