verb (used with object), re·mit·ted, re·mit·ting.
verb (used without object), re·mit·ted, re·mit·ting.
Origin of remit
From its earliest appearance in Middle English, this verb had three main categories of meaning: surrender or forgiveness; ceasing or diminishing; referring or sending. The specific sense “to send money” appeared about 1543. The British noun sense “the area of authority of a person or group” dates from the second half of the 19th century.
Examples from the Web for remitted
In 2011, it remitted more than $75 billion to the Treasury on some $77.4 billion it made in profit.How the Fed Has Earned $80 Billion in Profits in Fiscal 2012|Matthew Zeitlin|September 25, 2012|DAILY BEAST
"Never mind about the bath," he remitted as he began to gather up his papers in preparation for going back to his office.Sube Cane|Edward Bellamy Partridge
Fees were charged to children, and remitted only as an act of charity.George Brown|John Lewis
In order to gain the favour of the people, the Magians remitted the tribute and military service for three years.The History of Antiquity|Max Duncker