What does remittance mean?

Looking for the meaning or definition of the word remittance? Here's what it means.

Noun The act of transmitting money, bills, etc. to a distant place, in return or payment for goods purchased. That which is remitted; a payment to a remote recipient. Find more words! 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This electronic payment solution provides electronic versions of paper checks and remittance advices. Somalia might be one of the poorest nations in the world, but its remittance system is widely seen as a model for other nations. His Hong Kong remittance company sends a text message to Jane's phone, crediting the money to her account. Cheques and remittance advices were raised mostly in alphabetical order, as per the purchase ledger. Suppliers of medical services also have immediate access to their remittance advices which results in a paperless environment. See Also What is another word for remittance? What is the opposite of remittance? Sentences with the word remittance Words that rhyme with remittance What is the plural of remittance? What is the adverb for remittance? What is the adjective for remittance? What is the noun for remittance? Translations for remittance Nearby Definitions remittals remittal remittable remits remitments remitment remittance man remittance men remittances remitted remittee remittees 10-letter Words Starting With r re rem remi remit remitt remitta remittan remittanc