remittable

/rɪˈmɪtəbəl/
adjective
  1. Capable of being sent, especially money as payment.
    • All fees are remittable to the company's headquarters within 30 days.
    • The invoice amount is remittable by bank transfer or credit card.
    • The scholarship funds are remittable directly to the university.
  2. Capable of being lessened or forgiven (of a penalty, debt, or punishment).
    • The judge ruled that the fine was not remittable due to the severity of the offense.
    • Under the new law, part of the sentence is remittable for good behavior.
    • The late fee is remittable if you pay within the grace period.
What does "remittable" mean? | whatsthatwordmean | whatsthatwordmean