rescission

Noun
US[rih-sizh-uhn]/rɪˈsɪʒən/3 syllables
Synonyms: recission

Open English WordNet

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“recission may be brought about by decree or by mutual consent”Synonyms: recissionType of cancellation
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Webster's Dictionary (1913)

Re·scis′sion (r?-s?zh′?n), noun

Origin: L. rescissio: cf. F. rescission. See Rescind.

The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.

Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54

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