Remit

/rɪˈmɪt/

Meaning & Definition

noun
An area of responsibility or interest.
The remit of the new committee includes overseeing environmental policy.
A sum of money sent in payment, often in a form of a remittance.
She sent a remit to her family back home to help with their expenses.
verb
To send money as a payment or to send something back.
He had to remit the payment for his taxes by the end of the month.
To cancel or refrain from exacting or inflicting (a debt or punishment).
The bank may remit the late fee if you explain your situation.
To refer (a matter or decision) to someone for consideration.
The committee decided to remit the issue to the board for further deliberation.

Etymology

From Latin 'remittere', meaning 'to send back'.

Common Phrases and Expressions

remit payment
To pay an amount due.
remit a sentence
To cancel a punishment.
remit to authority
To refer a matter to the appropriate authority.

Related Words

remittance
A sum of money sent as payment.
remitting
The action of sending money.
remitter
A person who sends a remittance.

Slang Meanings

To send cash quickly.
I had to remit some cash to my buddy for the concert tickets.
To disregard or overlook something.
Just remit that error; it’s not that important.