"Remittances" Pronounce,Meaning And Examples

"Remittances" Natural Recordings by Native Speakers

Remittances

"Remittances" Meaning

Remittances refer to the money or goods sent by migrants or immigrants from their country of origin to their families or communities back home. It is a significant source of income for many developing countries and can play a crucial role in economic development. Remittances can take the form of cash, money transfers, direct deposit, or even goods and services sent through various means, such as banking, postal services, or informal networks.

"Remittances" Examples

Remittances Usage Examples

1. Economic Impact

Remittances sent back home by immigrants helped boost the small town's economy, contributing to its rapid growth.

2. Financial Transactions

The international banking system facilitated smooth remittances from the foreign worker to his family.

3. Economic Dependency

The country heavily relies on remittances from its diaspora living abroad, considering them a vital source of foreign income.

4. Family Support

The money his brother sent through remittances was crucial in helping their family pay the medical bills.

5. International Money Transfer

Although costs for remittances were generally lower than in the past, beneficiaries still had to wait a few days for their money to arrive.

"Remittances" Similar Words

Remissible

Remissible is not a commonly used word in English. However, it might be related to the word "remiss," which is an adjective that means careless, negligent, or inattentive. If we modify the word "remissible" according to the Latin root "re-" (meaning "again" or "anew") and "-missible" (meaning "capable of being done or performed"), it's possible that "remissible" means capable of being remiss again or having a tendency to be careless or inattentive once more. Note that this is a speculative interpretation, and I'm not aware of any widely accepted definition for the word "remissible." If you could provide more context or information about where you encountered this word, I'd be happy to help clarify its meaning further.

Remission

Remission refers to a temporary or partial recovery from a disease or condition. It can also refer to a reduction or cessation of symptoms, or a partial payment or discharge of a debt. In a broader sense, remission can also mean a forgiving or overlooking of a disadvantage or a past fault. For example: "The patient has been in remission for three years, which is a great relief to her and her family." "The company granted the employee a remission on the outstanding loan." "The judge allowed remission to the defendant due to lack of evidence." In terms of medical contexts, remission is often used in reference to: Cancer remission: a period where the cancer is not growing or spreading. Multiple sclerosis remission: a partial or complete reduction in symptoms. Migraine remission: a period of fewer or no migraines. Note that remission does not always mean a complete cure, but rather a temporary reprieve or reduction in severity.

Remissions

A reduction or cessation of the severity of symptoms or of the rate of progression of a disease, typically in a person with cancer or HIV.

Remissive

Remissness

Remissness refers to a lack of awareness, attention, or meticulousness, often resulting in neglect or failure to fulfill obligations or responsibilities. It can also imply a state of being neglectful, careless, or inattentive. It typically suggests a degree of guilt or blame for not being diligent or thorough in one's duties or actions. Example: "The company was criticized for its remissness in providing timely customer support, leading to customer complaints and a loss of business."

Remit

To send money or pay to someone through a system of electronic fund transfers.

Remits

Verbs: to send or pay (money) to someone, especially as a refund, compensation, or by order of a court or government. Example: The government will remit the fine to the charity. Nouns: remittances, a payment made to one's relatives or friends living in a different country.

Remittance

Remittant

Remittant refers to a person or thing that is remitting or paying back money or debts, especially in a regular or recurring manner.

Remitted

Remitted refers to money or funds that have been sent from one place to another, often in the form of a payment or transfer. It can also describe someone or something that has been sent away or expelled from a particular place. Example: The company remitted the payment to the supplier. In medical contexts, the term remitted can refer to a symptom or pain that has been alleviated or improved, often as a result of treatment. Example: The patient reported that the medication had partially remitted her symptoms. In a broader sense, remitted can also mean to have given up or renounced a claim or ownership, often as a result of a decision, agreement, or law. Example: The country remitted its sovereignty to the international organization.

Remittent

Variable or intermittent; recurring irregularly.

Remitter

A person or organization that sends or forwards a payment, document, or other item to another party, often as a matter of business or financial obligation. Example: "The remitter of the check was unknown to the bank, so they needed to verify the sender's identity." Alternatively, a remitter can also refer to a person who sends or forwards information, ideas, or influence to another person or group. Example: "The artist was not the original remitter of the idea, but she played a crucial role in popularizing it."

Remitters

Remitters refer to individuals or companies that send money from one location to another, often across international borders. These can be financial institutions, such as banks, or specialized money transfer services like Western Union or MoneyGram. In a more abstract sense, remitters can also refer to people who send written or printed materials, such as letters or documents, to someone else, typically via mail or other communication channels.

Remitting

Sending or giving money or other items to someone, especially officially or formally:arring a large sum in remittances to her homeland each month.

Remix

Remixed

Adjective: Created from or combining elements of different things, such as art, music, or products. Example: The artist's new painting was a remixed version of her earlier work, incorporating new techniques and styles.