14:17
@NemoPropheta: Future lawyer with a nipple fetish. a LawNip
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LSDefine
Simple English definitions for legal terms
remittor
Read a random definition: master's report
A quick definition of remittor:
A remittor is someone who sends money to another person. It can also refer to the act of sending a legal case back to a lower court. In some cases, a person may have two titles to an estate, but they are only allowed to hold it by the earlier or more valid title.
A more thorough explanation:
A remittor is a person who sends payment to someone else.
For example, if you owe money to a friend and you send them a check to pay them back, you are the remittor. The friend who receives the payment is the recipient.
Another example is when a person living in one country sends money to a family member living in another country. The person sending the money is the remittor, and the family member receiving the money is the recipient.
Overall, a remittor is simply someone who sends money to another person or entity.