remittance
0 antonyms and opposites of remittance, grouped by meaning.
Noun — A sum of money sent to someone at a distance, especially money sent home by a person working in another country.
Synonyms by Meaning
1. noun
A sum of money sent to someone at a distance, especially money sent home by a person working in another country.
“Remittances from workers abroad account for a tenth of the country's income.”
2. noun
The act of sending money in settlement of a bill or debt.
“Please enclose the remittance advice slip with your cheque.”
How to use remittance
The word patterns that sound natural to a native speaker.
Formal and financial.
Etymology
From remit, from Latin remittere "to send back", from re- "back" and mittere "to send".
Full origin of remittance →Frequently asked questions
What is the difference between a remittance and a transfer?
A transfer is any movement of money between accounts, for any reason. A remittance specifically means money sent to someone else, most often across borders and most often to support family, so every remittance is a transfer but not every transfer is a remittance.
What is remittance advice?
It is a short document or slip sent with or after a payment telling the recipient which invoice the money covers. It is a courtesy note for reconciliation, not the payment itself.