remittance
noun
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Since the 14th century, the verb remit has afforded a variety of meanings, including "to lay aside (a mood or disposition)," "to release from the guilt or penalty of," "to submit or refer for consideration," and "to postpone or defer." It is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in financial contexts referring to the release of money as payment isn't transacted until the 17th century.
Examples of remittance in a Sentence
Zennon Kapron, Forbes.com, 30 Aug. 2025
Stablecoin use is rising in Africa, with people using cryptocurrencies beyond cross-border trade in areas such as remittances, savings, and payroll systems, cryptocurrency company Yellow Card said in a report.
—Alexander Onukwue, semafor.com, 20 Aug. 2025
The tax applies to anyone in the U.S. who sends remittances to their home countries.
—Eden Harris, NBC news, 17 Aug. 2025
Schmitt added that Sheinbaum’s opposition to the remittance tax was the very reason why the U.S. needed to take action to address the underlying issue and the remittances.
—Anna Giaritelli, The Washington Examiner, 27 July 2025
See All Example Sentences for remittance
Cite this Entry
“Remittance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/remittance. Accessed 9 Sep. 2025.
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remittance
noun
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remittance
noun
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