to remit a debt

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• remit — To pay for purchases by cash, check, or electronic transfer. Bloomberg Financial Dictionary * * * ▪ I. remit re‧mit 1 [rɪˈmɪt] verb remitted PTandPPX remitting PRESPARTX [transitive] …   Financial and business terms

• Debt relief — is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and… …   Wikipedia

• remit — re·mit /ri mit/ vb re·mit·ted, re·mit·ting [Latin remittere to let go back, send back, give up, forgive, from re back + mittere to let go, send] vt 1 a: to release from the guilt or penalty of b: to refrain from exacting remit a tax c …   Law dictionary

• remit — ► VERB (remitted, remitting) 1) cancel (a debt) or refrain from inflicting (a punishment). 2) send (money) in payment, especially by post. 3) refer (a matter for decision) to an authority. 4) Theology pardon (a sin). 5) archaic diminish …   English terms dictionary

• remit — re|mit1 [rıˈmıt] v past tense and past participle remitted present participle remitting formal [Date: 1300 1400; : Latin; Origin: remittere to send back ] 1.) [I and T] to send a payment ▪ Please remit payment by cheque. 2.) …   Dictionary of contemporary English

• remit — 1 verb formal 1 (I, T) to send a payment by post: Please remit payment by cheque. 2 (T) to free someone from a debt or punishment compare unremitting remit sth to sb/sth phrasal verb (T) formal to send a proposal, plan, or problem back to someone …   Longman dictionary of contemporary English

• remit — verb rɪ mɪt (remits, remitting, remitted) 1》 refrain from exacting or inflicting (a debt or punishment).     ↘Theology pardon (a sin). 2》 send (money) in payment, especially by post. 3》 refer (a matter for decision) to an authority.     ↘Law send …   English new terms dictionary

• remit — To effect a remission as by a pardon or forgiveness of a forfeiture. To transmit or forward money, especially by way of payment of a debt. Nicoletti v Bank of Los Banos, 190 Cal 637, 214 P 51, 27 ALR 1479, 1483; Colvin v United States Mut. Acci.… …   Ballentine's law dictionary

• remit — v. & n. v. (remitted, remitting) 1 tr. cancel or refrain from exacting or inflicting (a debt or punishment etc.). 2 intr. & tr. abate or slacken; cease or cease from partly or entirely. 3 tr. send (money etc.) in payment. 4 tr. cause to be… …   Useful english dictionary

• Shmita — (Hebrew: שמיטה‎, literally release ), also called the Sabbatical Year, is the seventh year of the seven year agricultural cycle mandated by the Torah for the Land of Israel, and still observed in contemporary Judaism. During Shmita, the land is… …   Wikipedia

• forgive — forgivable, adj. forgiver, n. /feuhr giv /, v., forgave, forgiven, forgiving. v.t. 1. to grant pardon for or remission of (an offense, debt, etc.); absolve. 2. to give up all claim on account of; remit (a debt, obligation, etc.) …   Universalium