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Remitting: meaning, definitions and examples

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remitting

 

[ rɪˈmɪtɪŋ ]

Verb
Context #1 | Verb

payment, obligation

To remit is to send money, typically in payment for goods or services. It can also refer to the act of canceling or refraining from exacting a debt or punishment. The term is often used in financial contexts when payments are made to settle bills or debts. In legal terms, remitting can mean to cancel or to send back a case to a lower court for further action.

Synonyms

cancel, dispatch, send, transfer.

Examples of usage

  • She was remitting her monthly payments.
  • The company is remitting funds to local charities.
  • He was remitted to a lower court for review.

Etymology

The term 'remit' has its roots in the Latin word 'remittere', which means 'to send back' or 'to refrain from'. This Latin word is composed of 're-' meaning 'back' and 'mittere' meaning 'to send'. The usage of the word in English dates back to the late 14th century, originally referring to the act of sending back or letting go of a claim or liability. Over time, the meaning evolved to include the notion of sending money, primarily in the context of settling debts or making payments. The financial connotation of the word became more prominent in legal and commercial usage, making it a commonly encountered term in transactions and fiscal discussions.

Word Frequency Rank

Positioned at #23,059, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.