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Remit
(redirected from remittals)

    Also found in: Dictionary/thesaurus, Medical, Financial 0.01 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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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.
AFS Drives New Functionality into Remittance Processing for Insurance ... by Business Wire
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