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Remit
(redirected from remittal)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.

To transmit or send. To relinquish or surrender, such as in the case of a fine, punishment, or sentence.

An individual, for example, might remit money to pay bills.


TO REMIT. To annul a fine or forfeiture.
     2. This is generally done by the courts where they have a discretion by law: as, for example, when a juror is fined for nonattendance in court, after being duly summoned and, on appearing, he produces evidence to the court that he was sick and unable to attend, the fine will be remitted by the court.
     3. In commercial law, to remit is to send money, bills, or something which will answer the purpose of money.


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According to an electronic newsletter issued by CIWMB, which offers updates on the implementation the state's Electronic Waste and Recycling Act of 2003, in light of difficulties in establishing an efficient Electronic Waste Recycling Fee collection and remittal system, the legislature passed AB 901 as an urgent measure.
In unanimously adopting resolution 899 (1994), the Council concurred with the Secretary-General's view that such payments would be for humanitarian purposes, notwithstanding resolution 661 (1990), which prohibited the remittal of funds to persons or bodies in Iraq.
To process the large volume of checks, AFS ImageVision Remittance interfaces to high-speed transports to scan and capture coupons and checks, and Kleindienst scanners to handle odd-sized and full-sized documents, remittals, and associated checks.
 
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