Diaspora Finance Powers Global Development

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remittance – n. the act of sending money as a payment for something

diaspora – n.  a group of people who live outside the area in which they had lived for a long time or in which their ancestors lived

potential – n.  a quality that something has that can be developed to make it better

transforming – v. to change (something) completely and usually in a good way

migration – n.  to move from one country or place to live or work in another

exploited – v.  to get value or use from (something)

opportunity – n. a place where people have many chances to succeed, achieve things, etc.

savings – n. a bank account in which people keep money that they want to save

channel – v. to send (food, money, etc.) to someone or something

income – n.  money that is earned from work, investments, business, etc.

bonds – n. finance : an official document in which a government or company promises to pay back an amount of money that it has borrowed and to pay interest for the borrowed money

harness – v.  to use (something) for a particular purpose