Source : Webster's Revised Unabridged Dictionary (1913)

Remittance \Re*mit"tance\ (r?-m?t"tans), n.
   1. The act of transmitting money, bills, or the like, esp. to
      a distant place, as in satisfaction of a demand, or in
      discharge of an obligation.

   2. The sum or thing remitted. --Addison.

Source : WordNet®

remittance
     n : a payment of money sent to a person in another place [syn: {remittal},
          {remission}, {remitment}]