1
as in payments
something (as money) that is given or received in return for goods or services
she always mails in her remittance on time so she won't ever be charged a late fee on her electric bill
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2
as in disbursements
the act of offering money in exchange for goods or services
the remittance of your outstanding balance is required before you can make more purchases
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Recent Examples of remittances
Beyond that, think of the businesses and workers within Mexico similarly sustained by those remittances.
—
John Tamny, Forbes, 4 Jan. 2025
The aforementioned remittances are indicative of this speculation.
—John Tamny, Forbes, 4 Jan. 2025
With a not insubstantial piece of Mexico’s economy reliant on production stateside, a cessation of those inflows will logically impoverish a big number of those formerly sustained directly by remittances.
—John Tamny, Forbes, 4 Jan. 2025
Indian visa workers are often promised Green Card sponsorship in exchange for their loyalty to their employers, while the Indian government enjoys substantial remittances sent back by these workers, which constitute a significant portion of the country's GDP.
—Dan Perry, Newsweek, 3 Jan. 2025
In 2023, remittances accounted for 24% of El Salvador's gross domestic product and nearly 30% of Honduras' GDP.
—Sarah Kinosian, USA TODAY, 26 Dec. 2024
Around 20% of Guatemala's GDP comes from remittances – money sent home by the diaspora in the United States.
—Sarah Kinosian, USA TODAY, 26 Dec. 2024
This is being driven by use in ecommerce, remittances and treasury.
—Alex Lazarow, Forbes, 24 Dec. 2024
Despite Singapore’s high bank penetration, there are still gaps in areas like SME banking, gig worker financial services, and affordable cross-border remittances.
—Zennon Kapron, Forbes, 19 Dec. 2024
John Tamny, Forbes, 4 Jan. 2025
The aforementioned remittances are indicative of this speculation.
—John Tamny, Forbes, 4 Jan. 2025
With a not insubstantial piece of Mexico’s economy reliant on production stateside, a cessation of those inflows will logically impoverish a big number of those formerly sustained directly by remittances.
—John Tamny, Forbes, 4 Jan. 2025
Indian visa workers are often promised Green Card sponsorship in exchange for their loyalty to their employers, while the Indian government enjoys substantial remittances sent back by these workers, which constitute a significant portion of the country's GDP.
—Dan Perry, Newsweek, 3 Jan. 2025
In 2023, remittances accounted for 24% of El Salvador's gross domestic product and nearly 30% of Honduras' GDP.
—Sarah Kinosian, USA TODAY, 26 Dec. 2024
Around 20% of Guatemala's GDP comes from remittances – money sent home by the diaspora in the United States.
—Sarah Kinosian, USA TODAY, 26 Dec. 2024
This is being driven by use in ecommerce, remittances and treasury.
—Alex Lazarow, Forbes, 24 Dec. 2024
Despite Singapore’s high bank penetration, there are still gaps in areas like SME banking, gig worker financial services, and affordable cross-border remittances.
—Zennon Kapron, Forbes, 19 Dec. 2024
Thesaurus Entries Near remittances
Cite this Entry
“Remittances.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/remittances. Accessed 22 Jan. 2025.
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