to remit
- verb
- /rɪˈmɪt/
- That extra money gets remitted or given back to the Treasury Department.
Examples
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Once orders were filled and sold, the funds would be remitted to A l'Atelier, and the inadan and their assistants would be paid.
Academic text (2006) -
According to World Bank data, New Zealand remitted USD 2.4 billion worldwide in 2015.
Academic text (2018) -
So again, think a firm, Apple Pay, Google Pay, and these are companies that clear payments and then they remit funds to a merchant.
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The least risky way to remit small sums of money is to deliver cash physically.
Academic text (2018) -
The French tax system, for example, required that peasants remit about four-fifths of their income to the government.
Academic text (1992) -
The rise in bank dealings was because they were remitting more to help family members survive the economic crisis back home.
Academic text (2009) -
Under the South Dakota statute, the Etsy shop owner is now under obligation to collect and remit sales and use tax.
Academic text (2017) -
Contributions (both employer and employee, if any) must be remitted monthly.
Academic text (1990) -
Students who want the money-back guarantee must also pay an extra $100 a month for that peace of mind, remitting a total of $299 a month until they finish the course.
Academic text (2016) -
Please remit your payment by the end of the month to avoid any late fees.
Synonyms
To give money for something you buy or owe
Make a letter, package, or email go to another person
To pay someone for their work or services
To pay money from a fund for a special purpose
Antonyms
How Much
Surface Forms
Etymology
Remit comes from the Latin word remittere, which breaks into re- 'back' and mittere 'to send'. Think of it as 'send off' money to someone far away, just like when you transmit a payment, so it means 'to send money'.