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remittance
Remittance means money that is sent to pay for something. (noun)
An example of remittance is the check sent to pay for the treadmill you bought on TV.
Remittance is the act of sending in money to pay for something. (noun)
An example of remittance is what a customer sends in the mail when a bill is received.
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See remittance in Webster's New World College Dictionary
See remittance in American Heritage Dictionary 4
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