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- In business, to remit a payment means to send money through an online transfer, money order, check, or other form of payment to an individual or business12. While “remit a payment” is used broadly to mean any payment that is being sent, what it actually means is to send a payment internationally1. For example, the British parent company of a multinational group may need to remit profits from its foreign subsidiaries to Britain, so that it has enough money to pay its own dividends2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.To remit a payment means to send money through an online transfer, money order, check, or other form of payment to an individual or business. While “remit a payment” is used broadly to mean any payment that is being sent, what it actually means is to send a payment internationally.globalbanks.com/what-does-remit-mean/to send money to someone, especially as a payment for something: remit sth to sb/sth The British parent company of a multinational group may need to remit profits from its foreign subsidiaries to Britain, so that it has enough money to pay its own dividends.dictionary.cambridge.org/us/dictionary/english/remit
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REMIT | English meaning - Cambridge Dictionary
WEBto send money to someone: He worked as a builder in Chicago and remitted half his monthly wage to his family in the Philippines. formal. to refer a matter to someone in authority to deal with: She remitted the case to a new tribunal for reconsideration.
See results only from dictionary.cambridge.orgEnglish (US)
to send money to someone: He worked as a builder in Chicago and remitted half his …
Znaczenie Remit, Definicja …
REMIT definicja: 1. to reduce a period of time that someone must spend in prison: …
What is a Remittance? Business Definition & Examples
- The term remittancetechnically refers to any payment made from one party to another, but that definition is pretty broad. In plain language, remittances usually refer to one of two things: 1. A payment made from one person to another person, with both individuals located in different countries. This is a remittance in personal context. 2. A payment...
Understanding Remit in Business: Definition and Implications
WEBThe term “remit” in business refers to the scope or range of responsibilities and activities that are assigned to a particular individual, department, or organization. …
remit | meaning of remit in Longman Dictionary of Contemporary …
WEBFrom Longman Business Dictionary re‧mit1 /rɪˈmɪt/ verb (remitted, remitting) [ transitive] British English formal 1 to send a payment to a person or place a ban preventing …
Remittance Address: Your Guide To Remit Address …
WEBMay 31, 2018 · What does a remittance address or remit to address mean? A remittance address, which can also be called a remit to address or remit address, is just a specific address that an individual or a business uses …
Collecting and remitting taxes: They’re not the same thing
WEBFeb 23, 2022 · A remittance is the sending of money (or its equivalent) to a recipient at a distance. But in the world of tax compliance, remittance has a different meaning. To …
What is a remittance? Meaning and definition - Wise
WEBMay 4, 2022 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft¹. In other words, a remittance is the sum of money being sent, generally to someplace abroad, …
Remittance Definition & Meaning - Merriam-Webster
WEBThe meaning of REMITTANCE is a sum of money remitted. How to use remittance in a sentence. Did you know?
Remittance - Wikipedia
WEBA remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their …
remit business | English examples in context | Ludwig
WEBHigh quality example sentences with “remit business” in context from reliable sources - Ludwig is the linguistic search engine that helps you to write better in English
How to pay sales tax for your small business
WEBHow do small businesses remit sales tax? Knowing when and how to charge for sales tax is critical for small business owners. However, paying – or remitting – sales tax to the state or local government is equally …
What does remit mean? - Definitions.net
WEBDefinition of remit in the Definitions.net dictionary. Meaning of remit. What does remit mean? ... It can also refer to the cancellation, reduction or withdraw of a charge, …
REMIT | definition in the Cambridge English Dictionary
WEBto send money to someone: He worked as a builder in Chicago and remitted half his monthly wage to his family in the Philippines. formal. to refer a matter to someone in …
WorldRemit Review: How does it work, fees, pros & cons - Wise
WEBAug 7, 2021 · WorldRemit is a global business offering international payments direct to bank accounts, for cash pick up, as mobile money and airtime top-ups. This …
What is a money transfer business? - RemitONE
WEBWhat is a money transfer business? Essentially, a money transfer or money service or remittance business involves offering a service to collect money from the sender …
Remit - FindLaw Dictionary of Legal Terms
WEBre·mit·tedre·mit·ting [Latin remittere to let go back, send back, give up, forgive, from re- back + mittere to let go, send] vt1 a: to release from the guilt or penalty of b: to refrain …
Remit (pay) payroll deductions and contributions - Canada.ca
WEBRemit (pay) payroll deductions and contributions - Canada.ca. Information on when and how to remit, report a nil remittance, confirm your remittance was received and correct …
Remit Meaning and Definition - Indifferent Languages
WEBOne common meaning of "remit" is to send money or pay a bill, such as when a person remits payment for a service rendered. In this sense, "remit" is often used in the context …
International Money Transfer for Business | Remitbee
WEBInternational Money Transfer for Business | Remitbee. Sting-Free Business Solutions. Global remittance and currency exchange services tailored to your business. Get your …
Examples of "Remit" in a Sentence | YourDictionary.com
WEBThe chief business of the native sarrafs (money-changers, bankers; &c.) is to discount bills at high rates, hardly ever less than 12%, and remit money from place to place in Persia …
Lockbox Banking: Definition, How It Works, Risks, and Cost
WEBMar 9, 2024 · A business establishes a post office box to receive payments from customers. The bank couriers the day's deposits and communications to its processing …
Use multiple remit-to addresses for vendors | Microsoft Learn
WEBOct 1, 2022 · Remit addresses are used when you print checks to pay your vendors. Vendors can have multiple remit-to addresses for payments. For example, a vendor …
REM Business Abbreviation Meaning - All Acronyms
WEBBusiness REM abbreviation meaning defined here. What does REM stand for in Business? Get the most popular REM abbreviation related to Business.
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