1
REMITTANCE remittance. 1. A sum of money sent to another as payment for goods or services. 2. An instrument (such as a check) used for sending money. 3. The action or process of sending money to another person or place. REMITTANCE ADVICE remittance advice.See ADVICE. REMITTEE remittee. One to whom payment is sent. REMITTER remitter. 1. The principle by which a person having two titles to an estate, and entering on it by the later or more defective title, is deemed to hold the estate by the earlier or more valid title. 2. The act of sending back a case to a lower court. 3. One who sends payment to someone else. — Also spelled (in sense 3) remittor.

Remittance

Embed Size (px)

DESCRIPTION

remittance. 1. A sum of money sent to another as payment for goods or services. 2. An instrument (such as a check) used for sending money. 3. The action or process of sending moneyto another person or place.

Citation preview

REMITTANCEremittance. 1. A sum of money sent to another as payment for goods or services. 2. Aninstrument (such as a check) used for sending money. 3. The action or process of sending moneyto another person or place.

REMITTANCE ADVICEremittance advice.See ADVICE.

REMITTEEremittee. One to whom payment is sent.

REMITTERremitter. 1. The principle by which a person having two titles to an estate, and entering on itby the later or more defective title, is deemed to hold the estate by the earlier or more valid title. 2.The act of sending back a case to a lower court. 3. One who sends payment to someone else. Also spelled (in sense 3) remittor.