What is remit meaning?

Remit meaning refers to the act of sending or transferring money, such as through electronic means or a wire transfer, from one person or account to another. This term can also refer to the specific purpose or scope of a responsibility or task. For example, a job remit may include specific duties or goals that an individual is responsible for carrying out. In legal terms, remit may refer to sending a case back to a lower court for further review or reconsideration.