Remittable

Part of speech: adjective

Definitions

1. A characteristic of something that is eligible to be sent back or annulled in particular situations
2. Relating to an amount that is permissible to be refunded or cancelled based on defined stipulations
3. Describing a feature of an item that qualifies for return or cancellation under specific conditions

Etymology: "Remittable" is a plain formation: the verb "remit" with the suffix "-able" added to it, meaning capable of being remitted. The verb itself reaches English from Latin "remittere", built from "re-" (back) and "mittere" (to send), so the original sense is literally "to send back." That physical idea of sending something back survives in the modern sense, where a sum of money might be sent back to its payer or a penalty might be sent back, lifted, or cancelled. The "-able" ending, borrowed from Old French and ultimately from Latin "-abilis", attaches to verbs to mean capable of being acted upon. So a remittable item is one that can be sent back, forgiven, or annulled under the right circumstances. The adjective is a transparent coinage in English, which is why its meaning follows so directly from its parts.

Synonyms: payable, transferable

Antonyms: non-remittable