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rescission

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noun re·scis·sion \ri-ˈsi-zhən\

Definition of rescission

  1. :  an act of rescinding



Examples of rescission in a sentence

  1. <the judge ruled that the town's rescission of the contract was justified due the contractor's repeated failures to meet its obligations>



Origin and Etymology of rescission

Late Latin rescission-, rescissio, from Latin rescindere


First Known Use: 1651


Law Dictionary

rescission

play
noun re·scis·sion \ri-ˈsi-zhən\

Legal Definition of rescission

  1. :  the act, process, or fact of rescinding especially a contract; specifically :  the equitable judicial remedy of rescinding a contract in a suit brought by one of the parties — compare reformation

rescissory

\ri-ˈsi-zə-rē, -ˈsi-sə-\ play adjective



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