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Topic: FINANCE

Date: 1300-1400
Language: Latin
Origin: remittere 'to send back'

remit

1 verb
     
re‧mit1 past tense and past participle remitted, present participle remitting formal
1 [intransitive and transitive]BF to send a payment:
Please remit payment by cheque.
2 [transitive]BFL to free someone from a debt or punishment [↪ unremitting]

remit something to somebody/something

phrasal verb
to send a proposal, plan, or problem back to someone for them to make a decision about:
The court remitted the matter to the agency for reconsideration.
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