🏦remittance

Meaning

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

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

Example Sentences

Migrant workers send remittances to support their families back home.

The country's economy benefits from expatriate remittance.

Synonyms

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

Entry 1

payment, transfer, contribution, wire, money order

Entry 2

money transfer, payment, wire transfer

Antonyms

debt, arrears, withholding, non-payment, default

Entry 1

debt, arrears

Entry 2

withholding, non-payment, default

Collocations

send remittance, foreign remittance, monthly remittance, remittance inflow