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remittance
remix
remnant
remodel

remit   (remits plural & 3rd person present) (remitting present participle) (remitted past tense & past participle )
The noun is pronounced [PH:r][PH:i][PH::][PH:m][PH:I][PH:t]. The verb is pronounced [PH:r][PH:I][PH:m][PH:I][PH:t].  
1  n-count Someone's remit is the area of activity which they are expected to deal with, or which they have authority to deal with. 
 (BRIT)  (=brief) 
That issue is not within the remit of the working group...  
2  verb If you remit money to someone, you send it to them. 
FORMAL Many immigrants regularly remit money to their families.  V n to n