remittance

UK /ɹɪˈmɪtəns/ US /ɹɪˈmɪtəns/
noun 3

Definitions

noun

1

The act of sending money to someone.

remittance advice

2

Money which is sent to someone, typically to someone in another country.

3

Money sent by a foreign worker back to their home country.

It had been built on remittances, Lamin told me, sent back by a local young man who had been doing well, driving a cab in Amsterdam, until his luck changed and the money abruptly stopped.

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