DictionaryremissionRelease from an obligation
noun

remission

The reduction or cancellation of a debt or penalty.

The judge grants remission of the fine because of financial hardship.

Etymology

The source image is sending back or letting go. Remission releases some or all of a debt or penalty instead of enforcing it fully.

More examples

  • She applies for remission of her remaining student loan debt.
  • The agreement allows partial remission of penalties for late payment.
  • The agency approves remission of the unpaid taxes.

Forms

remission · remissions

remit verb — To reduce or cancel debts or penalties.

Similar words

forgiveness
Emphasizes canceling a debt rather than merely reducing it.
abatement
Usually means reducing a tax, charge, or penalty.
waiver
Emphasizes giving up the right to demand payment.