Private Unrequited Transfer

Private Unrequited Transfer

A remittance that an immigrant makes to his family or friends in the home country. For example, if a Jordanian immigrates to the United States, he may choose to make private unrequited transfer to his mother back home to help her financially. In some countries, private unrequited transfers from abroad form a significant part of the economy.
References in periodicals archive ?
4 per cent decline in the net inflow of private unrequited transfers.

Full browser ?