Meaning of “remit” in the English Dictionary

"remit" in English

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remitverb [ T ]

uk /rɪˈmɪt/ us /rɪˈmɪt/ -tt-

remitnoun [ C usually singular ]

uk /ˈriː.mɪt/ us /ˈriː.mɪt/

(Definition of “remit” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"remit" in American English

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remitverb [ T ]

us /rɪˈmɪt/ -tt- fml

to send money to someone:

Please remit payment by the 15th of the month.

(Definition of “remit” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"remit" in Business English

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remitnoun [ C, usually singular ]

uk /ˈriːmɪt/ us /riːˈmɪt/ UK

the types of activity that a person or organization has responsibility for:

The Treasury's remit has never been more wide-ranging than it is now.
Her appointment to the board comes with a remit to focus on its corporate social responsibility.
a narrow/wide remit
have a/no remit to do sth The Commission had the remit to consider how small companies could compete in the public-sector market.
be/fall outside sb's remit Where a case falls outside the ombudsman's remit, the aggrieved customer has no alternative but to take the company involved to court.
be/fall within/under sb's remit Many such cases will fall within the remit of the small claims court.
His remit includes strategy development, and pricing and packaging issues, as well as regulatory affairs.

remitverb [ T ]

uk /rɪˈmɪt/ us -tt-

FINANCE 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.
remit taxes/proceeds/funds Legislation requires businesses to collect and remit sales tax on a six-monthly basis.

LAW to order a legal case to be dealt with in a different court of law:

be remitted to the court/tribunal The case will be remitted to the tribunal for reconsideration.

LAW to state legally that someone does not have to do something, for example pay a debt:

The fine was calculated at £3,500 but was subsequently remitted.

(Definition of “remit” from the Cambridge Business English Dictionary © Cambridge University Press)