Remitters

Part of speech: noun

Definitions

1. A group of individuals who send money, often across borders
2. entities or organizations that transfer funds on behalf of others
3. persons responsible for issuing payments to settle debts or obligations

Etymology: "Remitter" is a plain English formation: the verb "remit" plus the agent suffix "-er," meaning one who remits. "Remit" comes from Latin "remittere," literally "to send back" or "to let go back," built from "re-" (back) and "mittere" (to send). That same Latin verb gave English "submit," "emit," "transmit," and "admit," all sharing the core idea of sending something in a direction. The verb's sense shifted over time. In English, "remit" first meant to release someone or something from an obligation or punishment, and it later came to mean sending money to pay a debt. Financial usage developed from this sense of sending payment back to a creditor or forward to a payee. "Remitter" in the financial sense followed from that: a person or institution that sends money to another party, often across distances.

Synonyms: senders, transmitters

Antonyms: receivers