Remit

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Remit

To pay for purchases by cash, check, or electronic transfer.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

remit

To send payment for goods or services.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Childhood eczema and rhinitis were associated with childhood asthma persisting to current atopic asthma in middle age and atopic asthma that had remitted by middle age.
The order requires the Bank of Pontiac to pay a civil money penalty of $32,550, which will be remitted to the Federal Emergency Management Agency for deposit into the National Flood Mitigation Fund.
In August this year, the investigators allegedly confirmed that Guo remitted money from a bank in Tokyo's Musashino City, using a fictitious name.
Remitted patients meeting criteria for posttraumatic stress disorder (PTSD) were three times as likely to relapse the following week.
A total of 46 GOCCs remitted dividends as of May 16 this year.
Because of this, PAGCOR's total remitted cash dividends from 2011 to the present amounted to P33.33 billion, enabling the agency to consistently make it to the GOCC Elite Circle or the Billionaires' Club.
Last year, dividends remitted by government-owned or -controlled corporations (GOCCs) breached the P40-billion mark, the highest amount ever collected since the law requiring state firms to hand over 50 percent of their annual net earnings to the national government was enacted in 1994.
The audit report, for instance, shows that UON had not remitted Sh1.3 billion of pension funds, with JKUAT sitting on Sh1.09 billion.
According to the TSC, the National Treasury is yet to release the funds to them and the money will be remitted once they receive it.
The amount remitted from USA can be collected from any of the NBP nationwide 1277 branches across Pakistan.
ISLAMABAD, October 02, 2010 (Baluchistan Times): Law ministry has filed a miscellaneous application in Supreme Court (SC) taking the plea that sentence remitted by the president can not be restored adding article 45 is very clear on this matter.