Another Word For Remittance

Meaning

The word "remittance" refers to the transfer of money, typically from one person to another, often in the context of sending funds to family members or friends in another city or country. It can also refer to the payment of money that is owed as a debt.

Synonyms

• Payment
• Transfer
• Send-off
• Wire transfer
• Dispatch

Antonyms

• Debt
• Due
• Charge
• Bill

Etymology

The term "remittance" originates from the Latin word "mittĕre," which means "to send." The prefix "re-" implies sending something back or again. Over time, the word evolved through Old French, combining these elements to take on its modern meaning of sending money.

Examples

1. After arriving in the United States, Maria began sending remittances to her family back in Mexico to help cover their living expenses.
2. The bank charged a fee for each international remittance processed through its service.
3. Many countries depend heavily on remittances from their citizens working abroad, as it provides vital financial support.
4. I received a remittance from my cousin who is working overseas, which helped me pay for my college tuition.