Yes, remit is a Scrabble word!

Verb

1. Send (money) in payment

2. Hold back to a later time

3. Release from (claims, debts, or taxes)

4. Refer (a matter or legal case) to another committee or authority or court for decision

5. Forgive

6. Make slack as by lessening tension or firmness

7. Diminish or abate

Noun

1. The topic that a person, committee, or piece of research is expected to deal with or has authority to deal with

2. (law) the act of remitting (especially the referral of a law case to another court)