remit

Definition

To make a payment by any non-credit means. Examples of remittance include cash, check and electronic transfer.

Use remit in a sentence

I needed to transfer money overseas, so I looked for a service that was able to remit cash between my two bank accounts.

​ Was this Helpful? YES  NO 11 people found this helpful.

Ensuring you remit your every day bills, such as gas, electric, and internet, in a timely fashion keeps your credit score healthy.

​ Was this Helpful? YES  NO 6 people found this helpful.

Many immigrants who move abroad remit money back home to their relatives to support them financially, through cash and electronic means.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
remise W-4S Form