IPA: /rɪˈmɪtəns/
KK: /rɪˈmɪtəns/
The act of sending money to someone who is far away, often as payment or support.
She made a remittance to her family back home every month.
Remittance → It is formed from "re-" (meaning again) and "mittere" (meaning to send). The word refers to the act of sending money or payment again, typically to someone in another place.
Think of sending money 'again' ('re-') — that's why remittance means sending money.