Remitments

Part of speech: noun

Definitions

  1. Instances of sending payments or transferring funds ; acts of refraining from enforcing something, such as a debt or penalty
  2. Occasions when money is remitted, often as payment ; times when an obligation, punishment, or responsibility is forgiven or lessened
  3. The processes of transmitting money to another party ; decisions or instances where enforcement of a rule, debt, or punishment is relaxed or cancelled

Etymology: "Remitments" is simply the plural of "remitment," a noun formed by attaching the suffix "-ment" to the verb "remit." The verb itself comes from Latin "remittere," meaning "to send back" or "to send again," built from "re-" (back, again) and "mittere" (to send). Its original sense of sending something back gradually broadened, so that by the time English speakers used it for money, it meant sending a sum on to someone elsewhere. The suffix "-ment" is an old and productive one, borrowed through French from Latin "-mentum," and it typically turns a verb into a noun naming the act of doing that verb or the result of it. Adding it to "remit" yields a noun for the act of remitting, which in practice means the payments themselves. Because it is a plural, the form denotes several such payments sent onward.

Synonyms: payments, remittances, transfers, submissions, deliveries