remit vs remittance

remit and remittance both are nouns.

Word	Noun	Adjective	Verb	Adverb
remit	Yes	No	Yes	No
remittance	Yes	No	No	No

remit (noun)	remittance (noun)
(law) the act of remitting (especially the referral of a law case to another court)	a payment of money sent to a person in another place
the topic that a person, committee, or piece of research is expected to deal with or has authority to deal with

remit (verb)	remittance (verb)
make slack as by lessening tension or firmness
diminish or abate
release from (claims, debts, or taxes)
refer (a matter or legal case) to another committee or authority or court for decision
forgive
send (money) in payment
hold back to a later time