remittance
B1CEFR level
55/100Rarity: uncommon
TechnicalRegister
Law noun
The transfer of money, especially foreign income brought into a jurisdiction where it may become taxable.
Non-domiciled residents are taxed only on the remittance of their overseas earnings.
Business noun
A sum of money sent, especially in payment.
Migrant remittances prop up the local economy.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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