remitment
/rɪˈmɪtmənt/
noun
- The act of sending money, especially as payment.
- The remitment of funds must be completed before the deadline.
- They received a confirmation of the remitment from the bank.
- The company handles the remitment of salaries to overseas employees.
- The act of canceling or reducing a debt, punishment, or obligation.
- The remitment of the penalty was a relief for the driver.
- The king's remitment of taxes helped the farmers recover.
- The court ordered the remitment of the remaining fine.
Synonyms