b: to abrogate (a contract) and restore the parties to the positions they would have occupied had there been no contract
: to make void (as an act) by action of the enacting authority or a superior authority :repeal
Examples of RESCIND
The navy rescinded its ban on women sailors.
The company later rescinded its offer.
But Maria convinced Leverich that she had the authority to rescind the executor's decision to appoint him as biographer. —John Lahr, New Yorker, 19 Dec. 1994
The Navy barred its personnel from his church, but he challenged the decree in federal court as a constitutional violation of freedom of religion. Eventually, the Navy rescinded its ban. —Randall Samborn, National Law Journal, 14 Jan. 1991
The enemies these efforts made for him concocted charges of disloyalty, and following a hearing before the Atomic Energy Commission in 1954, Oppenheimer's security clearance was rescinded. —Kai Bird et al., Smithsonian, Aug. 2005