WordValenoun
remittance
money sent home by someone working abroad
In more detail
1. (noun) money sent to someone in another place, especially money sent by a worker to their family in another country
2. (noun) the act of sending money to someone in another place
Examples
- 1. She sends a monthly remittance to her parents back home.
- 2. The remittance of funds should take 3-5 business days.
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