Search Result for "rescission": 
Wordnet 3.0

NOUN (1)

1. (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;
- Example: "recission may be brought about by decree or by mutual consent"
[syn: recission, rescission]


The Collaborative International Dictionary of English v.0.48:

Rescission \Re*scis"sion\ (r?-s?zh"?n), n. [L. rescissio: cf. F. rescission. See Rescind.] The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment. [1913 Webster]
WordNet (r) 3.0 (2006):

rescission n 1: (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" [syn: recission, rescission]