RESCISSION
recission, rescission
(noun) (law) the act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made; “recission may be brought about by decree or by mutual consent”
Source: WordNet® 3.1
Etymology
Noun
rescission (countable and uncountable, plural rescissions)
An act of rescinding: removing, taking away, or taking back.
(legal) The undoing of a contract; repeal.
Synonyms
• rescindment
• rescinsion
Anagrams
• recissions
Source: Wiktionary
Re*scis"sion (r-szh"n), n. Etym: [L. rescissio: cf. F. rescission. See Rescind.]
Definition: The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
Source: Webster’s Unabridged Dictionary 1913 Edition
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