Source : Webster's Revised Unabridged Dictionary (1913)

Remit \Re*mit"\ (r?-m?t"), v. t. [imp. & p. p. {Remitted}; p.
   pr. & vb. n. {Remitting}.] [L. remittere, remissum, to send
   back, to slacken, relax; pref. re- re- + mittere to send. See
   {Mission}, and cf. {Remise}, {Remiss}.]
   1. To send back; to give up; to surrender; to resign.

            In the case the law remits him to his ancient and
            more certain right.                   --Blackstone.

            In grevious and inhuman crimes, offenders should be
            remitted to their prince.             --Hayward.

            The prisoner was remitted to the guard. --Dryden.

   2. To restore. [Obs.]

            The archbishop was . . . remitted to his liberty.
                                                  --Hayward.

   3. (Com.) To transmit or send, esp. to a distance, as money
      in payment of a demand, account, draft, etc.; as, he
      remitted the amount by mail.

   4. To send off or away; hence:
      (a) To refer or direct (one) for information, guidance,
          help, etc. ``Remitting them . . . to the works of
          Galen.'' --Sir T. Elyot.
      (b) To submit, refer, or leave (something) for judgment or
          decision. ``Whether the counsel be good I remit it to
          the wise readers.'' --Sir T. Elyot.

   5. To relax in intensity; to make less violent; to abate.

            So willingly doth God remit his ire.  --Milton.

   6. To forgive; to pardon; to remove.

            Whose soever sins ye remit, they are remitted unto
            them.                                 --John xx. 23.

   7. To refrain from exacting or enforcing; as, to remit the
      performance of an obligation. ``The sovereign was
      undoubtedly competent to remit penalties.'' --Macaulay.

   Syn: To relax; release; abate; relinguish; forgive; pardon;
        absolve.

Remit \Re*mit"\, v. i.
   1. To abate in force or in violence; to grow less intense; to
      become moderated; to abate; to relax; as, a fever remits;
      the severity of the weather remits.

   2. To send money, as in payment. --Addison.

Source : WordNet®

remit
     n : (law) the act of remitting (especially the referral of a law
         case to another court) [syn: {remission}, {remitment}]
     [also: {remitting}, {remitted}]

remit
     v 1: send (money) in payment; "remit $25"
     2: hold back to a later time; "let's postpone the exam" [syn: {postpone},
         {prorogue}, {hold over}, {put over}, {table}, {shelve}, {set
        back}, {defer}, {put off}]
     3: release from (claims, debts, or taxes); "The texes were
        remitted"
     4: refer (a matter or legal case) to another committe or
        authority or court for decision [syn: {remand}, {send back}]
     5: forgive; "God will remit their sins"
     6: make slack as by lessening tension or firmness [syn: {slacken}]
     7: diminish or abate; "The pain finally remitted"
     [also: {remitting}, {remitted}]