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Reimbursement vs Remittance - What's the difference?

reimbursement | remittance |

As nouns the difference between reimbursement and remittance

is that reimbursement is the act of compensating someone for an expense while remittance is a payment to a remote recipient.

reimbursement

English

Noun

(en noun)
  • (business, management, accounting) The act of compensating someone for an expense.

    • Hypernyms

    * compensation, payment

    remittance

    English

    Noun

    (en noun)
  • A payment to a remote recipient.