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.
Synonyms
Examples of remittance in a Sentence
Carmen Sesin, NBC News, 13 Nov. 2024
In five Mexican states, remittances make up 10% or more of annual GDP.
—Kate Linthicum, Los Angeles Times, 1 Nov. 2024
Several studies indicate that remittances constitute 17.5% of immigrants’ income.
—Ernesto Castañeda / The Conversation, Quartz, 24 Oct. 2024
Roger Huang is one of the first writers in 2014 to write about the intersection of Bitcoin in remittance payments and drug policy with VentureBeat and
...
—Roger Huang, Forbes, 18 Sep. 2024
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Dictionary Entries Near remittance
Cite this Entry
“Remittance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/remittance. Accessed 23 Nov. 2024.
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remittance
noun
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remittance
noun
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