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.