rescission

play
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: 1594


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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