Remittance in Tamil
Definition:
The word “remittance” refers to the act of sending or paying a sum of money, especially to a specific individual or organization, often as a payment or as part of a larger transaction.
In the context of international trade, remittance typically refers to the process of transmitting funds from a buyer in one country to a seller in another country, often through a bank or financial institution. Remittances can be used to pay for goods and services, repay debts, or transfer wealth.
In other contexts, remittance can also refer to the payment of money to someone, such as a family member, as a form of financial support or charity.
Examples of remittance include:
* A worker sending money back to their family in their home country while working abroad
* A company sending payment to a supplier in another country for goods or services
* A person sending money to a charity or non-profit organization to support a specific cause
In banking and finance, remittance is often used to refer to the process of sending or receiving money through wire transfer, online payment platforms, or other forms of electronic payment.
Translation of ‘Remittance ‘ in Tamil:
பணம் அனுப்புதல்
Examples:
- Here are three unique example sentences using the word “Remittance”:
- 1. The multinational corporation was obligated to send a monthly remittance to its subsidiaries in emerging markets to compensate for the higher costs of production.
- 2. After months of waiting, Maria finally received the remittance from her brother in the United States, which would cover her tuition fees for the semester.
Synonyms:
Here are some synonyms for the word “Remittance”:
1. Payment
2. Contribution
3. Transfer
4. Disbursement
5. Payment in full
6. Settlement
7. Compensation
8. Emission
9. Issuance
10. Dispatch
Note that some of these words may have slightly different connotations or nuances depending on the context in which they are used. For example, such as one made in response to an invoice or debt., while “remittance” often implies a specific type of payment, “payment” is a more general term that refers to any payment made
Antonyms:
or a reduction in one’s income.
6. Expense: Remittance can also refer to a payment made to meet an expense. The antonym could be a reduction in expenses or a decrease in the amount spent.
7. Outstanding: Remittance implies that a payment has been made and cleared. The antonym could be an outstanding payment or debt that has not been cleared or settled.
It’s worth noting that antonyms can depend on the context in which the word “remittance” is used. These antonyms are general and may not be exact antonyms in every situation., Here are some antonyms for the word “Remittance”:
1. Payment: While remittance refers to a payment made in response to a debt or liability, without being in response to a debt.
2. Charge: Remittance implies a payment made to settle a debt or liability. The antonym could be a charge or a fee levied on someone.
3. Demand: Remittance is often made in response to a demand or a request for payment. The antonym could be a demand for payment or a claim made on someone’s resources.
4. Receipt: Remittance implies receiving or paying out money. The antonym could be withholding or refusing to receive or pay out money.
5. Income: Remittance can refer to income or revenue received by an individual or organization. The antonym would be a lack of income or revenue, the antonym would be a payment made in the first place
Related Words: