remittances (Meaning)
remittances
an instrument by which money is remitted, money sent especially in payment, a sending of money (as to a distant place), transmittal of money (as to a distant place), a sum of money remitted
Synonyms & Antonyms of remittances
Synonyms:
- indemnities
- restitutions
- disbursements
- adjustments
- prepayments
- refunds
- settlements
- remunerations
- repayments
- rebates
- requitals
- stipends
- overpayments
- recompenses
- outlays
- deposits
- rentals
- expenditures
- rents
Antonyms:
No weak antonyms found.
remittances Sentence Examples
- International remittances provide a significant source of income for many developing countries.
- Migrant workers send billions of dollars in remittances to their home countries each year.
- Remittances help families cover basic needs such as food, education, and healthcare.
- Digital platforms have made remittances faster, cheaper, and more convenient.
- Governments rely on remittances to boost economic growth and stability.
- Remittances can contribute to reducing poverty and inequality in developing countries.
- The World Bank monitors global remittance flows and provides data on their impact.
- Some countries have implemented policies to encourage remittances and support migrant workers.
- International organizations promote financial literacy programs to help migrants manage remittances effectively.
- Remittances have a positive multiplier effect, stimulating economic activity in both sending and receiving countries.
FAQs About the word remittances
an instrument by which money is remitted, money sent especially in payment, a sending of money (as to a distant place), transmittal of money (as to a distant pl
pays, wages, compensations,payments, reparations, considerations,salaries, reimbursements, indemnities, restitutions
underpayments,nonpayments,
International remittances provide a significant source of income for many developing countries.
Migrant workers send billions of dollars in remittances to their home countries each year.
Remittances help families cover basic needs such as food, education, and healthcare.
Digital platforms have made remittances faster, cheaper, and more convenient.
