Meaning
Remittance is a noun that means:
- The act of sending money, usually as a payment or gift.
- A sum of money sent, especially by mail, bank transfer, or online, often to support family members in another place or country.
Grammar and Usage
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Part of speech: Noun
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Uncountable when referring to the action: Remittance of funds is required.
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Countable when referring to a specific payment: Three remittances arrived last month.
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Common structure:
- make a remittance (send money)
- receive a remittance (get money)
- remittance for + noun (purpose of payment)
Common Phrases
- foreign remittance – money sent across borders.
- bank remittance – transfer made through a bank.
- remittance advice – a document informing the recipient about a payment.
- make a remittance – to send money.
Collocations
- send a remittance
- receive a remittance
- international remittance
- monthly remittance
- remittance transfer
- remittance fee
Examples
- He sends a monthly remittance to his family in his home country.
- Please include your invoice number with the remittance.
- The company accepts remittances via bank transfer or credit card.
- Many migrant workers rely on online services for foreign remittances.
- I forgot to attach the remittance advice when I paid the bill.
- The remittance of taxes is due by the end of the month.
- International remittances play a big role in some developing economies.
Synonyms or Related
- Payment
- Transfer
- Wire transfer
- Remuneration (related but not the same)
- Settlement