Library / English Dictionary

RECISSION

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

(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

Synonyms:

recission; rescission

Classified under:

Nouns denoting acts or actions

Hypernyms ("recission" is a kind of...):

cancellation (the act of cancelling; calling off some arrangement)

Domain category:

jurisprudence; law (the collection of rules imposed by authority)

Derivation:

rescind (cancel officially)

Credits