remittance

Meanings

1. 1
   noun

   The act of sending money to someone.

   remittance advice

2. 2
   noun

   Money sent by a foreign worker back to their home country.

   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.

3. 3
   noun

   a payment of money sent to a person in another place

4. 4
   noun

   Money which is sent to someone, typically to someone in another country.

Etymology

From remit + -ance.