remittance

noun

re·​mit·​tance ri-ˈmi-tᵊn(t)s How to pronounce remittance (audio)
1
a
: a sum of money remitted
b
: an instrument by which money is remitted
2
: transmittal of money (as to a distant place)

Did you know?

Since the 14th century, the verb remit has afforded a variety of meanings, including "to lay aside (a mood or disposition)," "to release from the guilt or penalty of," "to submit or refer for consideration," and "to postpone or defer." It is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in financial contexts referring to the release of money as payment isn't transacted until the 17th century.

Examples of remittance in a Sentence

Remittance can be made by check or credit card. she always mails in her remittance on time so she won't ever be charged a late fee on her electric bill
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In all, diaspora communities have much to offer beyond remittances. Oludolapo Makinde, Forbes.com, 31 July 2025 Linguistic ties are also tight with Russian still widely spoken in Azerbaijan and nearly half (46 percent) of the total volume of remittances paid to Azerbaijan come from Russia, where, according to official data, more than 300,000 Azerbaijanis live. Brendan Cole, MSNBC Newsweek, 25 July 2025 The Bitcoin Depot spokesperson said a typical kiosk transaction is about $200, often used for remittances, online purchases, or small investments. Susan Tompor, Freep.com, 10 July 2025 This is a change from the House version of the bill, which taxed all remittances at 5 percent. Dan Gooding, MSNBC Newsweek, 30 June 2025 See All Example Sentences for remittance

Word History

Etymology

remit entry 1 + -ance

First Known Use

1672, in the meaning defined at sense 1a

Time Traveler
The first known use of remittance was in 1672

Browse Nearby Words

Podcast

Cite this Entry

“Remittance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/remittance. Accessed 6 Aug. 2025.

Kids Definition

remittance

noun
re·​mit·​tance ri-ˈmit-ᵊn(t)s How to pronounce remittance (audio)
1
: money sent especially in payment
2
: a sending of money (as to a distant place)

Legal Definition

remittance

noun
re·​mit·​tance ri-ˈmit-ᵊns How to pronounce remittance (audio)
1
a
: a sum of money remitted
b
: an instrument by which money is remitted
2
: transmittal of money (as to a distant place)

More from Merriam-Webster on remittance

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!