Question

remittance noun Since the 14th century, the verb remit has afforded a variety of meanings, including "to lay aside (a mood or disposition)," "to release from the guilt or penalty of," "to submit or refer for consideration," and "to postpone or defer." It is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in financial contexts referring to the release of money as payment isn't transacted until the 17th century. 1 a : a sum of money remittedb : an instrument by which money is remitted2 : transmittal of money (as to a distant place)

Accepted Answer

May 20, 2019 rih-MIT-unss "PayPal has everything it needs to send money to friends or family or to pay bills, even across borders. Its acquisition of Xoom in 2015 gave it a strong position in digital remittance." — Adam Levy, The Motley Fool, 14 Dec. 2018"Kit … knew that his old home was a very poor place…, and often indited square-folded letters to his mother, enclosing a shilling or eighteenpence or such other small remittance, which Mr Abel's liberality enabled him to make." — Charles Dickens, The Old Curiosity Shop, 1841

Word	remittance
Date	May 20, 2019
Type	noun
Syllables	rih-MIT-unss
Etymology	Since the 14th century, the verb remit has afforded a variety of meanings, including "to lay aside (a mood or disposition)," "to release from the guilt or penalty of," "to submit or refer for consideration," and "to postpone or defer." It is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in financial contexts referring to the release of money as payment isn't transacted until the 17th century.
Examples	"PayPal has everything it needs to send money to friends or family or to pay bills, even across borders. Its acquisition of Xoom in 2015 gave it a strong position in digital remittance." — Adam Levy, The Motley Fool, 14 Dec. 2018 "Kit … knew that his old home was a very poor place…, and often indited square-folded letters to his mother, enclosing a shilling or eighteenpence or such other small remittance, which Mr Abel's liberality enabled him to make." — Charles Dickens, The Old Curiosity Shop, 1841
Definition	1 a : a sum of money remitted b : an instrument by which money is remitted 2 : transmittal of money (as to a distant place)

Money Remittance Release Remitted Noun Rih Mit Unss 14th Century