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remitir
send
remit
send (money)
+
-ir
verb suffix
Remitir means to send and can be thought of as remit0 (send (money)0) + -ir1 (verb suffix1). Note that in Spanish, it's used for sending in general, not just money.
verb
  1. send
    To send or transmit something
    Por favor, remita el informe a mi oficina. // Please send the report to my office.
  2. subside
    To lessen in intensity or force; to subside
    La fiebre empezó a remitir después de tomar la medicina. // The fever began to subside after taking the medicine.