remittance - Master This Word
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Master this word with our 5-step learning method – Learn English in English
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The word 'remittance' comes from the prefix 're-' meaning 'back' and the root 'mitt' from 'mittere' meaning 'to send' in Latin. Imagine sending money back home to family, a gesture of support and care.
Note 1: These definitions and etymologies are not standard dictionary definitions, but extended explanations provided to help with memorization and understanding of the actual application of words. Through this background information, we strive to make words more vivid and easier to understand, and help you remember their meanings in real life.
Note 2: LexiTalk designs the learning flow around the linguistics principle of “Comprehensible Input.” When learners encounter material that is slightly above their level but still understandable from context, the brain naturally absorbs the language. That’s why we keep every word inside authentic contexts, using examples and associations to help you understand it and use it flexibly.
Read the FAQ explanation of Comprehensible InputRemittance refers to money that is sent as payment, or a transfer of funds to someone in another place. It is most common when workers abroad send earnings back home to support family, fund education, or cover medical expenses. The term covers regular, smaller transfers as well as larger cross-border payments, and it plays a central role in many families’ budgets and in local economies that depend on these funds. Banks, money transfer operators, and fintech apps all process remittances, often with varying fees and exchange rates. Understanding remittance also means noting how distance, regulation, and technology shape who can send money, how fast it arrives, and how recipients use it.
English speakers often treat remittance as the money itself or as an ongoing financial tool for families abroad, and may confuse remittance with a loan or gift. Learners should focus on the cross-border, regular nature of many remittance flows and the common collocations like remittance fee and recipient.
What is the definition of 'remittance'?
Identify the correct usage of 'remittance' in a sentence.
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What is the opposite of 'remittance'?
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