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.