Meaning & Definition of word "Remit"

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    Remit

    /rɪˈmɪt/

    noun:

    • 1. An area of responsibility or interest.
      • Example: The remit of the new committee includes overseeing environmental policy.
    • 2. A sum of money sent in payment, often in a form of a remittance.
      • Example: She sent a remit to her family back home to help with their expenses.

    verb:

    • 1. To send money as a payment or to send something back.
      • Example: He had to remit the payment for his taxes by the end of the month.
    • 2. To cancel or refrain from exacting or inflicting (a debt or punishment).
      • Example: The bank may remit the late fee if you explain your situation.
    • 3. To refer (a matter or decision) to someone for consideration.
      • Example: 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 of remit

    Meaning: To send cash quickly.

    Example Sentence: I had to remit some cash to my buddy for the concert tickets.

    Meaning: To disregard or overlook something.

    Example Sentence: Just remit that error; it’s not that important.