Remittance

Meaning

A sum of money sent in payment or as a gift.

A sum of money sent, especially by mail or electronic transfer, as payment or gift.

Example Sentences

The country's economy benefits from expatriate remittance.

Migrant workers send remittances to support their families back home.

Synonyms

money transfer, payment, wire transfer, transfer, contribution, wire, money order

Entry 1

money transfer, payment, wire transfer

Entry 2

payment, transfer, contribution, wire, money order

Antonyms

withholding, non-payment, default, debt, arrears

Entry 1

withholding, non-payment, default

Entry 2

debt, arrears

Collocations

send remittance, foreign remittance, monthly remittance, remittance inflow