Meaning & Definition of word "Remit"

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.