verb

• (transitive) To transmit or send (e.g. money in payment); to supply.
  "Such a Step as this would raise a Succession of able Seamen, and in a few Years would come to remit a thousand, or perhaps two or three thousand sturdy Youths every Year into the general Class of English Seamen;"
• (transitive) To forgive, pardon (a wrong, offence, etc.).
  "Thy slanders I forgive; and therewithal Remit thy other forfeits."
• (transitive) To refrain from exacting or enforcing; to cancel.
  "to remit the performance of an obligation"
• (transitive, obsolete) To give up; omit; cease doing.
  "1761, George Colman, The Genius, No. 12, 19 November, 1761, in Prose on Several Occasions, London: T. Cadel, 1787, p. 124, Among our own sex, there is no race of men more apt to indulge a spirit of acrimony, and to remit their natural Good Humour, than authors."

noun

• (chiefly British) Terms of reference; set of responsibilities; scope.
  "WHO/TDR should prepare a volume containing ... important issues in the performance of studies that fall outside of the GLP remit."
• (law) A communication from a superior court to a subordinate court.