Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “remittance”

See all translations

remittance

noun
 
 
/rɪˈmɪtəns/
[C] FINANCE, COMMERCE an amount of money that is sent somewhere as payment for something: Complete the membership form and send it to the address below, together with your remittance for the membership fee.
[U] FINANCE, COMMERCE the act of sending money somewhere as payment for something: remittance of sth The bank permits remittance of dividends to non-resident shareholders. remittance fees/service
remittances [plural] ECONOMICS money that is sent by a foreign worker back to their own country: Immigrants sent $45 billion in remittances to Latin America last year. About 1.5 million Dominicans live in the United States and help the economy by sending remittances back home.
Translations of “remittance”
in Chinese (Traditional) 匯款, 匯款額, 彙付…
in Chinese (Simplified) 汇款, 汇款额, 汇付…
(Definition of remittance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of remittance?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “remittance”

Definitions of “remittance” in other dictionaries

Word of the Day

cold snap

a short period of cold weather

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More