Share this entry

Share this page

rescission

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

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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day snarf
Pronunciation: snärf
verb
eat or drink quickly or greedily