remittance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “remittance” in the English Dictionary

"remittance" in British English

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remittancenoun

uk   /rɪˈmɪt.əns/  us   /rɪˈmɪt̬.əns/ formal
[C] an ​amount of ​money that you ​send to someone: She ​sends a ​small remittance ​home to her ​parents each ​month.
[U] the ​act of ​sendingpayment to someone: remittance ​advice/​information
(Definition of remittance from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"remittance" in Business English

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remittancenoun

uk   us   /rɪˈmɪtəns/
[C] FINANCE, COMMERCE an ​amount of ​money that is ​sent somewhere as ​payment for something: Complete the ​membershipform and ​send it to the ​address below, together with your remittance for the ​membershipfee.
[U] FINANCE, COMMERCE the ​act of ​sendingmoney somewhere as ​payment for something: remittance of sth The ​bankpermits remittance of ​dividends to ​non-residentshareholders. remittance ​fees/​service
remittances [plural]
ECONOMICS money that is ​sent by a ​foreignworker 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.
(Definition of remittance from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “remittance”
in Chinese (Simplified) 汇款, 汇款额, 汇付…
in Chinese (Traditional) 匯款, 匯款額, 彙付…
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“remittance” in Business English

More meanings of “remittance”

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