Remittance meaning. The term is derived from the word remit, which means to send back. In other words, a remittance is the sum of money being sent, generally to someplace abroad, although it can also be made domestically. Learn more about the different types and uses of remittance, such as in finance, commerce, and economics, with examples and translations. See examples of REMITTANCE used in a sentence. remittance synonyms, remittance pronunciation, remittance translation, English dictionary definition of remittance. If you get a bill in the mail, you will usually have at least a week to send your remittance. In common usage, the word can Sep 28, 2022 ยท What is a remittance? A remittance is a sum of money transferred from one party to another – typically abroad. 2. Definition of remittance noun in Oxford Advanced Learner's Dictionary. . 7tr la8 mwll rdziyd0u gyr z8zr polk u1e 4p76 hb1olr