Definition of "Remit" :
noun: (law) the act of remitting (especially the referral of a law case to another court)
noun: the topic that a person, committee, or piece of research is expected to deal with or has authority to deal with
"They set up a group with a remit to suggest ways for strengthening family life."
verb: diminish or abate
"The pain finally remitted."
verb: make slack as by lessening tension or firmness
verb: forgive
"God will remit their sins."
verb: refer (a matter or legal case) to another committee or authority or court for decision
verb: release from (claims, debts, or taxes)
"The taxes were remitted."
verb: send (money) in payment
"Remit $25."
verb: hold back to a later time