remittance
- noun
- /rɪˈmɪtəns/
- In the 1990s, emigrant remittances alone accounted for 25% to 30% of the country's GDP (Carling 2002).
- remittances and aid
- worker remittances
- send remittances
But the flow of remittances from both children as we consider them and adults attest to how common this was in the past.
- But the flow of remittances from both children as we consider them and adults attest to how common this was in the past.
Examples
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Yemen's economy crumbled after its two main sources of hard currency, foreign aid and foreign remittances, were cut off.
Academic text (1994) -
These people will be able to send money home, international remittance, which is one of the major pain points of the current financial system.
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More recently, remittance income to Syria topped out at close to $1 billion in 1980.
Academic text (1999) -
For Egypt, remittances have been a large proportion of its GNP since the late 1970s.
Academic text (1999) -
Egypt relies too much on historically volatile sources of income like oil, tourism, and remittances.
Academic text (1999) -
A trade deficit was being financed solely by workers' remittances from South Africa and Southern Rhodesia.
Academic text (1992) -
Jordanian remittances boomed from $21 million in 1972 to close to $1 billion in 1981-82.
Academic text (1999) -
He sent a generous remittance to help his family cover their living expenses.
-
Many families depend on the remittance sent by relatives working abroad.
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The government has implemented regulations to facilitate the transfer of remittances from expatriates.
Synonyms
Giving something to someone without payment or expecting something back
Something done or given to return help and make up for harm
Money sent to someone in another place, often regularly to support family
Sending money to another person as a payment
Antonyms
Compounds
- Offensive
A man who lives abroad, getting regular money from his family and often sent away by them
- Archaic
A person living abroad who receives regular money from their family back home
- Offensive
A woman who lives abroad and gets regular money from a family that did not accept her
Surface Forms
Morphology
Etymology
Remittance comes from the parts re- 'back' and mittere 'to send', the same root you see in transmit and mission. So a remittance is money 'sent' to someone, often to another place, which is why it means a payment or gift sent across a distance.