Remit

This crossword clue is for the definition: Remit.
it’s A 5 letters crossword puzzle definition.
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Possible Answers: PAY.

Last seen on: Eugene Sheffer – King Feature Syndicate Crossword – Dec 21 2020

Random information on the term “Remit”:

A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers’ remittances are a significant part of international capital flows, especially with regard to labor-exporting countries.

According to the World Bank, in 2018 overall global remittance grew 10% to US$689 billion, including US$528 billion to developing countries. Overall global remittance is expected to grow 3.7% to US$715 billion in 2019, including US$549 billion to developing nations.

Due to its large diaspora and overseas expats population, India consecutively remains the top receiver of remittance, e.g. with US$80 billion in 2018, US$65.3 billion (2.7% of India’s GDP) in 2017, US$62.7 billion in 2016 and US$70 billion in 2014. Other top recipients in 2018 were US$67 billion to China, US$34 billion each to Philippines and Mexico, US$26 billion to Egypt and US$23.12 billion to Pakistan.

Remit on Wikipedia

Random information on the term “PAY”:

Pay is an expression used in hydrocarbon mining. It denotes a portion of a reservoir that contains economically recoverable hydrocarbons. The term derives from the possibility of “paying” an income surpassing the costs. Equivalent terms are pay sand or pay zone. Overall interval in which pay volumes occur is the gross pay; smaller portions of the reservoir that meet further criteria for pay (such as permeability and hydrocarbon saturation) are net pay.

Net pay is determined through placing cut offs on properties like permeability, porosity, water saturation or volume of shale. Care needs to be taken to cut out the part of the gross rock volume that has the ability to allow fluids to flow and actually stores hydrocarbons. In other cases when determining “Net Reservoir” the remaining rock is that rock that can still store flow hydrocarbons but is not necessary containing hydrocarbons. When the cut off is based on the ability of the rock to store hydrocarbons this is called “Net Rock”.

PAY on Wikipedia