Definitions of remit:

• noun:   (law) the act of remitting (especially the referral of a law case to another court)
• verb:   send (money) in payment

  Example: "Remit $25"

• verb:   diminish or abate

  Example: "The pain finally remitted"

• verb:   forgive

  Example: "God will remit their sins"

• verb:   refer (a matter or legal case) to another committe or authority or court for decision
• verb:   release from (claims, debts, or taxes)

  Example: "The texes were remitted"

• verb:   make slack as by lessening tension or firmness
• verb:   hold back to a later time