re·mit·tance /ri-'mit-əns/ n
1 a: a sum of money remitted
b: an instrument by which money is remitted
2: transmittal of money (as to a distant place)
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.