Library / English Dictionary |
RESCISSION
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 ("rescission" 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)