remittal (Meaning)

Wordnet

remittal (n)

a payment of money sent to a person in another place

an abatement in intensity or degree (as in the manifestations of a disease)

the act of absolving or remitting; formal redemption as pronounced by a priest in the sacrament of penance

Webster

remittal (n.)

A remitting; a giving up; surrender; as, the remittal of the first fruits.

remittal Sentence Examples

  1. The remittal of the debt provided the struggling business with much-needed financial relief.
  2. The bank processed the remittal of funds in a timely manner.
  3. A formal remittal letter was sent to the debtor to acknowledge the payment.
  4. The remittal process was streamlined to improve efficiency.
  5. The remittal deadline was approaching, and the debtor scrambled to make the payment.
  6. The remittal was received and applied to the outstanding balance.
  7. The company requested a remittal of the late fees associated with the account.
  8. The government issued a remittal of taxes for low-income families.
  9. The remittance of the funds was completed through a wire transfer.
  10. The remittal of the mortgage payment was delayed due to technical difficulties.

FAQs About the word remittal

a payment of money sent to a person in another place, an abatement in intensity or degree (as in the manifestations of a disease), the act of absolving or remit

pardon, remission, forgiveness,amnesty,immunity, parole, absolution, clemency, exculpation, leniency

punishment, assessment, retribution, penalty, penalty, sentence, punishment, retribution, sentence, assessment

The remittal of the debt provided the struggling business with much-needed financial relief.

The bank processed the remittal of funds in a timely manner.

A formal remittal letter was sent to the debtor to acknowledge the payment.

The remittal process was streamlined to improve efficiency.