as in compensation Compensation or payment, typically money, sent or transferred to someone, especially in another location or country. Clear All
8 Example Sentences Showcasing the Meaning of 'Remittance'
His monthly remittance from abroad helps support his family's living expenses.
The charity organization received a generous remittance to aid in disaster relief efforts.
Parents often send remittances to their children studying abroad to cover tuition and living expenses.
The employee eagerly awaited the remittance of his bonus at the end of the year.
The international company facilitated remittances between its branches to ensure smooth financial transactions.
The government implemented a new system to track remittances for taxation purposes.
The online platform allows quick and secure remittance of funds across different countries.
In the context of international trade, remittance plays a crucial role in ensuring timely payments.
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