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rescission

Syllabification: re·scis·sion
Pronunciation: /riˈsiZHən
 
/

Definition of rescission in English:

noun

formal
The revocation, cancellation, or repeal of a law, order, or agreement.
Example sentences
  • The defendants claim rescission of the Charge Agreement or damages.
  • ‘As has been seen, that has been the decision where rescission is ordered of a sale by a trustee to himself’.
  • Non-compliance with the disclosure requirement under the Act exposes franchisors to significant consequences, including rescission of franchise agreements.
Synonyms

Origin

mid 17th century: from late Latin rescissio(n-), from resciss- 'split again', from the verb rescindere (see rescind).

Definition of rescission in:

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