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- In business, to remit means to send a payment to a person or place12. A remittance refers to a specific payment that is made to satisfy a particular demand3. 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 dividends1. Remittance can also refer to the act of freeing someone from a debt or punishment2.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 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
From 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 companies from remitting profits, dividends or capital abroad remit something to somebody/something Our overseas branches remit a small proportion of their profits to the parent company. 2 to send a legal case from a high court to a court that deals with less...
www.ldoceonline.com/dictionary/remitA remittance refers to a specific payment that is made to satisfy a particular demand. Usually, a remittance accompanies a specific order made to a business.www.northone.com/blog/accounting/what-is-remitta… - People also ask
Remit Definition & Meaning - Merriam-Webster
WEBRemit can be a verb or a noun with different meanings in business and other contexts. As a verb, it can mean to release, send, refer, or postpone something. As a noun, it can mean an area of responsibility or authority, or an act of remitting.
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Responsibility vs Remit: When And How Can You Use Each One?
WEBDefine Remit. Remit, on the other hand, refers to the specific scope or range of responsibilities, authority, or tasks assigned to an individual or a particular role. It outlines the boundaries and limitations within which a person or entity operates.
REMIT | English meaning - Cambridge Dictionary
WEBRemit can be a verb meaning to reduce, send, or refer, or a noun meaning the area of responsibility or authority. Learn how to use remit in different contexts with examples from the Cambridge Dictionary.
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...
Remit - Definition, Meaning & Synonyms | Vocabulary.com
WEBRemit means send back, and it has many uses. If you remit payment, you send it back to the person you owe it to. If you’ve been in prison for five years of a seven-year sentence but you’ve been on good behavior, a judge might remit the …
REMIT definition and meaning | Collins English Dictionary
WEB4 days ago · Remit can be a noun or a verb with different meanings in business and law. As a noun, it means the area of activity or authority of someone or a group. As a verb, it means to send money, to cancel a penalty, to postpone, or to refer a case.
REMIT Definition & Meaning | Dictionary.com
WEBto refrain from exacting, as a payment or service. to pardon or forgive (a sin, offense, etc.). Synonyms: overlook, excuse. Antonyms: condemn. to slacken; abate; relax: to remit watchfulness. Synonyms: diminish. Antonyms: increase. to give back: to remit an overpayment. Synonyms: restore, return.
remit noun - Definition, pictures, pronunciation and usage notes ...
WEBnoun. /ˈriːmɪt/, /rɪˈmɪt/ [usually singular] (British English) the area of activity over which a particular person or group has authority, control or influence. outside the remit of somebody/something Such decisions are outside the remit of this committee.
remit | meaning of remit in Longman Dictionary of Contemporary …
WEBremit meaning, definition, what is remit: to send a payment: Learn more.
remit verb - Definition, pictures, pronunciation and usage notes ...
WEBremit something to cancel or free somebody from a debt, duty, punishment, etc. synonym cancel. Definition of remit verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
REMIT definition in American English | Collins English Dictionary
WEB2 days ago · to transmit or send (money, a check, etc.) to a person or place, usually in payment. 2. to refrain from inflicting or enforcing, as a punishment, sentence, etc. 3. to refrain from exacting, as a payment or service. 4. to pardon or forgive (a sin, offense, etc.) 5.
Remittance: What It Is and How to Send One - Investopedia
WEBMar 5, 2024 · A remittance is money sent from one party to another, usually by a foreign worker to their family back home. Learn how remittances work, how to send one, and their impact on the global economy.
What Are Remittances? A Complete Guide | WorldRemit
WEBSep 28, 2022 · The term 'remittance' derives from the word 'remit', which means 'to send back'. Remittance refers to an amount of money transferred or sent from one party to another, usually overseas. Remittances can be personal money transfers made to family and friends, as well as business payments.
REMIT | definition in the Cambridge English Dictionary
WEBRemit can mean to reduce a sentence, send money, or refer a case in law. It can also be a noun for the area of responsibility or authority. Learn more about remit with definitions, examples and translations.
What Does Remit Mean? Your Guide to a Remittance Transfer
WEBMay 30, 2023 · 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.
Remit Payment: What Does It Means to Remit a Payment?
WEBApr 25, 2024 · The term “please remit payment to” indicates the specific payment instructions that a business or individual wants their customer(s) to follow when paying for the goods or services acquired. This term is commonly found at …
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, although it can also be made domestically.
Remit Definition & Meaning | Britannica Dictionary
WEBREMIT meaning: 1 : to send (money) as a payment; 2 : to cancel or free someone from (a punishment, debt, etc.)
Remit Definition & Meaning | YourDictionary
WEBTo refrain from exacting (a payment, tax, etc.) Webster's New World. Similar definitions. To refrain from inflicting (a punishment) or enforcing (a sentence or fine); cancel. Webster's New World. To refer (a case) to another court for further consideration or action. American Heritage. More Verb Definitions (13) Synonyms: put-over. hold-over.
Remit Definition & Meaning | Dictionary.com
WEBRemit definition, to transmit or send (money, a check, etc.) to a person or place, usually in payment. See more.
Remittance Address: Your Guide To Remit Address Meaning - Wise
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 to receive payments.
remit, n. meanings, etymology and more - Oxford English Dictionary
WEBWhat does the noun remit mean? There are five meanings listed in OED's entry for the noun remit, two of which are labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence. This word is used in Scottish English.
WEB3 days ago · remit to deliver a comprehensive set of sustainability-related disclosure standards. In April 2024, the ISSB decided to add to its agenda two sustainability-related research projects on: 1) biodiversity, ecosystems and ecosystem services and 2) human capital. The research projects do not necessarily mean that standard-setting will occur.
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WEB6 days ago · Finally, the Hotel Operators’ Occupation Tax Act is amended to include hotel room re-renters (as defined) in the definition of a hotel operator and to require such entities to remit the hotel tax. Two other ROT bills that have passed both houses would require direct pay permit holders to conduct an annual review of their purchase activity and ...
How Huddersfield Town collapsed from the brink of the Premier …
WEB6 days ago · The slump has been partly self-inflicted under the ownership of U.S. businessman Kevin Nagle — but the writing had long been on the wall
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