What does remittance mean?

Definitions for remittance
rɪˈmɪt nsre·mit·tance

Here are all the possible meanings and translations of the word remittance.

Princeton's WordNet

  1. remittance, remittal, remission, remitment(noun)

    a payment of money sent to a person in another place

Wiktionary

  1. remittance(Noun)

    A payment to a remote recipient.

Webster Dictionary

  1. Remittance(noun)

    the act of transmitting money, bills, or the like, esp. to a distant place, as in satisfaction of a demand, or in discharge of an obligation

  2. Remittance(noun)

    the sum or thing remitted

Freebase

  1. Remittance

    A remittance is a transfer of money by a foreign worker to his or her home country or simply sending amount from one country to another. Money sent home by migrants constitutes the second largest financial inflow to many developing countries, exceeding international aid. In 2012, according to the World Bank Report, $401 billion new remittance record went to developing countries with overall global remittances topped $514 billion. Remittances contribute to economic growth and to the livelihoods of people worldwide. Moreover, remittance transfers can also promote access to financial services for the sender and recipient, thereby increasing financial and social inclusion.

How to pronounce remittance?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say remittance in sign language?

  1. remittance

Numerology

  1. Chaldean Numerology

    The numerical value of remittance in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of remittance in Pythagorean Numerology is: 9

Images & Illustrations of remittance

  1. remittanceremittanceremittanceremittanceremittance

Popularity rank by frequency of use

remittance#10000#28883#100000

Translations for remittance

From our Multilingual Translation Dictionary

Get even more translations for remittance »

Translation

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"remittance." Definitions.net. STANDS4 LLC, 2019. Web. 23 Jul 2019. <https://www.definitions.net/definition/remittance>.

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