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Rescission   /rɪsˈɪʒən/   Listen
Rescission

noun
1.
(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.  Synonym: recission.





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"Rescission" Quotes from Famous Books



... Special Committee of Five rules that Rule 13 be rescinded, in so far as it applies to stocks admitted to dealings in the Exchange from time to time by the Committee of Five, said rescission to take effect at the close of business on Friday, ...
— The New York Stock Exchange in the Crisis of 1914 • Henry George Stebbins Noble


Words linked to "Rescission" :   cancellation, law, jurisprudence, rescind


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