Remitting

Remitting refers to the act of sending money or payment, particularly in relation to settling debts or obligations. It can also mean to lessen or diminish a condition, such as pain or punishment, or to formally cancel a punishment. The term conveys the idea of reduction, cancellation, or sending back, often used in financial contexts.

Remitting meaning with examples

• After reviewing the financial statements, the accountant recommended remitting the additional funds to cover the unexpected expenses incurred during the project's execution.
• Due to unforeseen circumstances, I found it necessary to start remitting smaller payments for my loan until my financial situation improved.
• The organization was grateful for the timely remitting of donations from its supporters, which would help fund their ongoing community projects and initiatives.
• In an effort to support the local economy, the government issued a policy encouraging businesses to continue remitting taxes even during the pandemic, aiming to maintain public services.
• The patient was relieved to hear that her doctor had remitting her treatment plan, allowing her some flexibility in managing her recovery process without overwhelming stress.