rescission

[ri-sizh-uhn]

noun

1. the act of rescinding.

rescission

/ rɪˈsɪʒən /

noun

1. the act of rescinding

2. law the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc

Other Word Forms

• nonrescission noun

Word History and Origins

Origin of rescission¹

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

Example Sentences

Treasury Department approval isn’t permanent, but is subject to rescission “if the Secretary determines that the regulatory regime of such foreign country is no longer comparable to the requirements established under this Act.”

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One last miss: The Democrats got rolled on a call for language that would prevent the White House from engaging in future impoundments or rescissions of congressional funds.

Read more on The Wall Street Journal

He helped persuade Republicans in Congress to cancel $9 billion in previously approved foreign aid and public broadcasting support, a process known as “rescission.”

Read more on Los Angeles Times

From then on, presidents had to request rescissions from Congress—essentially asking permission to withhold funds after they had been included in an appropriations bill.

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“As he has said many times, he hates his enemies; he is the retribution. Has he announced any rescission of any projects in Florida or Texas?”

Read more on Salon