Reit vs Remit - What's the difference?

reit | remit |


As an initialism reit

is (legal) real estate]] investment [[trust|trust, an investment device where the holding company uses the funds invested to hold real estate.

As a verb remit is

.

reit

English

Noun

  • (UK, dialect, obsolete) sedge; seaweed
  • (Webster 1913) ----

    remit

    English

    Verb

    (remitt)
  • To forgive, pardon.
  • * 2009 , (Diarmaid MacCulloch), A History of Christianity , Penguin 2010, p. 307:
  • So he said that there was no sin to remit in baptism: ‘sin is not born with a man, it is subsequently committed by the man; for it is shown to be a fault, not of nature, but of the human will’.
  • To refrain from exacting or enforcing.
  • to remit the performance of an obligation
  • * Macaulay
  • The sovereign was undoubtedly competent to remit penalties.
  • To give up, stop succumbing to (a negative emotion etc.).
  • To allow (something) to slacken, to relax (one's attention etc.).
  • (obsolete) To show a lessening or abatement (of) a specified quality.
  • *, New York 2001, p.132-3:
  • Great Alexander in the midst of all his prosperity […], when he saw one of his wounds bleed, remembered that he was but a man, and remitted of his pride.
  • (obsolete) To diminish, abate.
  • *, Book I, New York 2001, p. 139:
  • Dotage, fatuity, or follyis for the most part intended or remitted in particular men, and thereupon some are wiser than others […].
  • To refer (something) for deliberation, judgment, etc. (to a particular body or person).
  • * Blackstone
  • In the case the law remits him to his ancient and more certain right.
  • * Hayward
  • In grievous and inhuman crimes, offenders should be remitted to their prince.
  • * Dryden
  • The prisoner was remitted to the guard.
  • To send back; to give up; to surrender; to resign.
  • To restore.
  • * Hayward
  • The archbishop wasremitted to his liberty.
  • To postpone.
  • To transmit or send, as money in payment.
  • * 2003:' The Hindu, ''World Cup sponsors can '''remit money in forex: SC read at [http://www.hinduonnet.com/2003/02/01/stories/2003020104090100.htm] on 14 May 2006
  • The Supreme Court today allowed major sponsors, including LG Electronics India (LGEI), to remit foreign exchange for the tournament.

    Derived terms

    * remitter * unremitting (via remitting)

    Noun

    (en noun)
  • (chiefly, British) terms of reference; set of responsibilities.
  • * 2000: Scientific Working Group on Good Laboratory Practice issues, Handbook: Good Laboratory Practice read on World Health Organisation website at [http://www.who.int/tdr/publications/publications/pdf/glp-handbook.pdf] on 14 May 2006:
  • WHO/TDR should prepare a volume containing ... important issues in the performance of studies that fall outside of the GLP remit .
  • * 2001: H. Meinardi et al, ILAE Commission, The treatment gap in epilepsy: the current situation and ways forward read at on 14 May 2006:
  • However, this is beyond the remit of this particular article.
  • * 2003: Andy Macleod, Cisco Systems, Pulling it all together - the 21st Century Campus read at on 14 May 2006:
  • Next steps ... Create one IS organisation and extend remit to all HE activities.
  • * 2012 , The Economist, Sep 29th 2012 issue, Chile's economic statistics: For reacher - or poorer
  • [...] Chile needs to gather together its statisticians into a single agency, such as a new and improved INE, and give it more autonomy and a broader remit .

    Synonyms

    * responsibility

    Anagrams

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