Assertion: remittance | /r/HasProperty | payment
Facets:
value: to a remote recipient
type: TRANSITIVE-OBJECT
value: whilst
type: MANNER
value: from one place
type: LOCATION
Source sentences:
text: A remittance is a payment that gets sent somewhere else.
text: A remittance is a payment from one place to another, whether it’s a personal transfer or a payment to a business.
text: As nouns the difference between payment and remittance is that payment is (uncountable) the act of paying while remittance is a payment to a remote recipient.
text: As nouns the difference between reimbursement and remittance is that reimbursement is (business|management|accounting) the act of compensating someone for an expense while remittance is a payment to a remote recipient.
text: They may also be payments that are made to a business.
text: So, whilst all remittances are payments, not all payments are necessarily remittances.
text: Remittances are payments sent from one party to another, usually from a customer to a seller or supplier.
text: Remittances are those payments that cross national borders.