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Remittances vs Reimbursement - What's the difference?

remittances | reimbursement |

As nouns the difference between remittances and reimbursement

is that remittances is plural of remittance while reimbursement is the act of compensating someone for an expense.

remittances

English

Noun

(head)

    • reimbursement

    English

    Noun

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

    • Hypernyms

    * compensation, payment