Which term means cancellation or reduction of a fine, fee, or other court-imposed payment?

Which term means cancellation or reduction of a fine, fee, or other court-imposed payment?

• A. Forfeiture
• B. Remission
• C. Delinquent account
• D. Electronic Funds Transfer

Answer: (B)

Remission is the term for cancellation or reduction of a court-imposed payment. In legal contexts, authorities may remit fines or fees, either in full or in part, to relieve hardship or for other justified reasons. This focuses on the amount owed being lowered or wiped out. Forfeiture, by contrast, involves losing property or rights due to violation or noncompliance, not reducing a debt. A delinquent account simply describes a debt that hasn’t been paid on time, not forgiveness. An electronic funds transfer is merely a method of paying money electronically and has no bearing on reducing the amount owed. For example, the court might grant remission of part of a fine, leaving a smaller balance to pay.

Remission is the term for cancellation or reduction of a court-imposed payment. In legal contexts, authorities may remit fines or fees, either in full or in part, to relieve hardship or for other justified reasons. This focuses on the amount owed being lowered or wiped out. Forfeiture, by contrast, involves losing property or rights due to violation or noncompliance, not reducing a debt. A delinquent account simply describes a debt that hasn’t been paid on time, not forgiveness. An electronic funds transfer is merely a method of paying money electronically and has no bearing on reducing the amount owed. For example, the court might grant remission of part of a fine, leaving a smaller balance to pay.