rescission

[ ri-sizh-uh n ]
/ rɪˈsɪʒ ən /

noun

the act of rescinding.

Origin of rescission

1605–15; < Late Latin rescissiōn- (stem of rescissiō) a making void, rescinding, equivalent to resciss(us) (past participle of rescindere to rescind, equivalent to re- re- + scid-, variant stem of scindere to cleave, tear in two + -tus past participle suffix, with dt > ss) + -iōn- -ion

Related forms

non·re·scis·sion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for rescission

  • There was to be a restitution of property, honors, and offices, and a rescission of judicial sentences.

  • First, the parties can expressly and purposely declare that a treaty shall be dissolved; this is rescission.

  • It is no doubt only by reason of a condition construed into the contract that fraud is a ground of rescission.

    The Common Law|Oliver Wendell Holmes, Jr.

British Dictionary definitions for rescission

rescission

/ (rɪˈsɪʒən) /

noun

the act of rescinding
law the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012