Difference between revisions of "Remit"

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In [[legal]] terminology, to remit a [[tax]] or penalty is to refrain from collecting it.
 
In [[legal]] terminology, to remit a [[tax]] or penalty is to refrain from collecting it.
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[[category:legal terms]]
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[[Category:Legal Terms]]

Latest revision as of 21:10, April 23, 2008

Remit means to lay aside or release or desist, as in the remission of a disease.

In legal terminology, to remit a tax or penalty is to refrain from collecting it.