Remittance

Definition of Remittance

Re`mit´tance   Pronunciation: r?-m?t´tans
n.1.The act of transmitting money, bills, or the like, esp. to a distant place, as in satisfaction of a demand, or in discharge of an obligation.
2.The sum or thing remitted.

Related Words

acquitment, acquittal, acquittance, allowance, amortization, amortizement, binder, cash, cash payment, clearance, consideration, debt service, defrayal, defrayment, deposit, disbursal, discharge, doling out, down payment, earnest, earnest money, hire purchase, hire purchase plan, installment, installment plan, interest payment, liquidation, monthly payments, never-never, paying, paying off, paying out, paying up, payment, payment in kind, payoff, prepayment, quarterly payments, quittance, regular payments, retirement, satisfaction, settlement, sinking-fund payment, spot cash, weekly payments
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