C2nounformalmoneysociety
US/rɪˈmɪt.əns/
UK/rɪˈmɪt.əns/
money that a person sends to someone, especially to family in another place or country
In context
Many families depend on remittances from relatives working abroad.
He sends a monthly remittance to his parents back in the village.
Please include a remittance with your form to cover the application fee.
Words that go with remittance
verb + noun
- send a remittanceShe sends a remittance home every month.
- receive remittancesRural households receive remittances from city workers.
adjective + noun
- monthly remittanceThe monthly remittance pays for his sister's school fees.
noun + preposition
- remittance from abroadRemittance from abroad is a large part of the national income.
- remittance of fundsThe remittance of funds usually takes two working days.
noun + noun
- remittance incomeRemittance income fell sharply during the crisis.