remittitur

Definition from Nolo’s Plain-English Law Dictionary

Latin for "it is sent back." 1) A judge's order reducing a judgment awarded by a jury. 2) An appellate court's transmittal of a case back to the trial court so that the case can be retried, or an order can be entered consistent with the appeallate court's decision (such as dismissing the plaintiff's case or awarding costs to the winning party on appeal).

Definition provided by Nolo’s Plain-English Law Dictionary.