Meaning of Remittance | Babel Free

Definitions

1. The act of sending money to someone.
   countable, uncountable
2. Money which is sent to someone, typically to someone in another country.
   countable, uncountable
3. Money sent by a foreign worker back to their home country.
   countable, uncountable

Equivalents

Examples

“remittance advice”

a letter informing that an invoice has been paid

“It had been built on remittances, Lamin told me, sent back by a local young man who had been doing well, driving a cab in Amsterdam, until his luck changed and the money abruptly stopped.”

CEFR level