Remit

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Remit

To pay for purchases by cash, check, or electronic transfer.

Remit

To send money to remove an obligation or liability, especially electronically or through a wire service. For example, if one receives a speeding ticket and wires the city government the fine, one is said to have remitted the speeding ticket. As a noun, "remittance" also refers to the amount of money that is sent.

remit

To send payment for goods or services.
References in periodicals archive ?
Use of the form does not affect the taxability of a transaction, nor does it enable the purchaser to avoid remitting the appropriate sales/use tax.
The authors' analysis indicates that immigrants' motives for remitting to their home communities are at least as varied as their reasons for migrating.
The flow of money has the same effect as the corporate group remitting the same amount of money from its group firm in China to its group firm in Hong Kong.
If the taxpayer is a direct-pay permit holder, it can make purchases without remitting sales tax to a vendor but must self-assess and remit use tax directly to the government.
In most states, the law requires the business that owes the unclaimed property (known in unclaimed property law parlance as the "holder") to make an effort to return the property to the owner before reporting and remitting the property to the state.
Gross and Sinaki (1987) indicate that Multiple Sclerosis generally follows one of four patterns, which include: 1) the benign course - which is characterized by a pattern of long periods of remitting and stability between periods of exacerbation, 2) the relapsing-remitting course which is characterized by relapses occurring every few months to every three or four years, 3) the chronic progressive course - which is characterized by slow onset progressing without any remission, and 4) the malignant course - which is characterized by total disability and death, often within months of initial onset.
6 billion - is comprised of two different costs associated with the new tax system - the one-time cost to a business of implementing the GST and the on-going costs associated with collecting and remitting the GST.