[noun] [C] [formal]A remittance is a sum of money which you send to someone.She sends a small remittance home to her parents each month.(formal) Remittance is payment sent to someone.The prospect of imminent war caused plunging stock prices and a failure of remittance from overseas.
REMITTANCE
Meaning of REMITTANCE in English
Cambridge English vocab. Кембриджский английский словарь. 2012