Remitted

The term 'remitted' refers to the act of sending back or canceling a payment, debt, or obligation to someone, effectively forgiving or alleviating the financial responsibility. It can also denote the transfer of funds or the official dismissal of charges or penalties, indicating that the financial or legal obligation has been lifted or settled.

Remitted meaning with examples

• After reviewing our financial situation, the lender agreed that the outstanding balance would be remitted, allowing us to breathe a sigh of relief and get back on track. We were grateful for their understanding and willingness to help us in our time of need, which ultimately strengthened our financial relationship.
• The school board decided that the overdue tuition fees for families facing significant hardships would be remitted, ensuring that every child had the opportunity to receive an education, regardless of their financial circumstances. This compassionate move reflected the board's commitment to inclusivity and support for all students.
• In a recent press release, the charity announced that all past due donations would be remitted, encouraging potential contributors to join their cause without fear of inadequacy. Effectively, this message was a call to action aimed at fostering generosity and community spirit.
• The judge ruled that the defendant's fine would be remitted, recognizing the mitigating circumstances surrounding the case. This decision highlighted the judicial system's understanding of the human element in legal matters and its ability to provide grace where appropriate.
• After the negotiations concluded successfully, the parties reached an agreement where certain claims would be remitted, simplifying the settlement process and allowing for a smoother resolution. This outcome was beneficial for everyone involved, paving the way for renewed collaboration.