remittance

remittance
The transmitting of money. Money transmitted. A payment sent by mail or other means of transmission.

Ballentine's law dictionary. . 1998.

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  • Remittance — can also refer to the accounting concept of a monetary payment transferred by a customer to a business. See remittance advice A remittance is a transfer of money by a foreign worker to his or her home country. See remittance man below for the… …   Wikipedia

  • remittance — re‧mit‧tance [rɪˈmɪtns] noun formal ACCOUNTING FINANCE 1. [countable] an amount of money sent somewhere to pay for something: • Lower oil prices and improved remittances from overseas workers have eased pressure on foreign reserves …   Financial and business terms

  • remittance — re·mit·tance /ri mit əns/ n 1 a: a sum of money remitted b: an instrument by which money is remitted 2: transmittal of money (as to a distant place) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Remittance — Re*mit tance (r? m?t tans), n. 1. 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. [1913 Webster] 2. The sum or thing remitted. Addison. [1913 Webster] …   The Collaborative International Dictionary of English

  • remittance — 1705; see REMIT (Cf. remit) + ANCE (Cf. ance) …   Etymology dictionary

  • remittance — ► NOUN 1) a sum of money remitted. 2) the action of remitting money …   English terms dictionary

  • remittance — [ri mit′ ns] n. [< REMIT + ANCE] 1. the sending of money, as by mail 2. the money sent …   English World dictionary

  • remittance — n. 1) to enclose; send a remittance 2) (obsol.) (BE) a remittance man ( one living abroad on money sent from home ) * * * [rɪ mɪt(ə)ns] send a remittance to enclose (obsol.) (BE) a remittance man ( one living abroad on money sent from home ) …   Combinatory dictionary

  • Remittance — The process of sending money to remove an obligation. This is most often done through an electronic network, wire transfer or mail. The term also refers to the amount of money being sent to remove the obligation. When a person sends a check to… …   Investment dictionary

  • remittance — re|mit|tance [rıˈmıtəns] n 1.) formal an amount of money that you send to pay for something 2.) [U] when you send money on remittance of sth ▪ We will forward the goods on remittance of £10 …   Dictionary of contemporary English

  • remittance — [[t]rɪmɪ̱təns[/t]] remittances N VAR A remittance is a sum of money that you send to someone. [FORMAL] Please enclose your remittance, making cheques payable to Thames Valley Technology. Syn: payment …   English dictionary

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