Remittance

calender iconUpdated on January 22, 2024
banking
personal finance

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Sure, the word “remittance” is defined as:

remittance: The act of sending money or other financial assistance to someone.

Synonyms:– Transfer- Payment- Disbursement- Remittance payment- Remittance

Antonyms:– Receipt- Acquisition- Receiving

Examples:

  • The recipient of the remittance was grateful for the help.
  • The company’s remittance fees are very high.
  • The government is working to reduce remittance costs.

Additional notes:

  • The word “remittance” is most commonly used in formal language.
  • The word “remittance” is often used in conjunction with other words, such as “payment,” “transfer,” or “assistance.”
  • The word “remittance” is sometimes used in a slang sense, such as “a person who is always asking for money.”

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