noun
- a person who sends money to another person or place
- a judicial order reducing the amount of damages awarded by a jury
Usage: formal; banking
Usage: legal
Examples
- The bank identified the remittor before processing the international transfer.
- As the remittor, she was responsible for paying the wire transfer fees.
- The remittor’s information must be clearly stated on the money order.
- The judge issued a remittor reducing the jury’s award from $2 million to $500,000.
- The plaintiff could either accept the remittor or request a new trial.
- Without the remittor, the excessive damages would have been upheld on appeal.