Definition of rescission in English:



mass nounformal
  • The revocation, cancellation, or repeal of a law, order, or agreement.

    ‘the plaintiff agreed to the rescission of the agreement’
    • ‘The plaintiff seeks restitution based on rescission of the contract as a result of the failure of the defendant to disclose.’
    • ‘‘As has been seen, that has been the decision where rescission is ordered of a sale by a trustee to himself’.’
    • ‘So this was not a threat to revoke, this was a notice of rescission or revocation.’
    • ‘Non-compliance with the disclosure requirement under the Act exposes franchisors to significant consequences, including rescission of franchise agreements.’
    • ‘The defendants claim rescission of the Charge Agreement or damages.’
    revocation, repeal, cancellation, rescindment, reversal, abrogation, annulment, nullification, invalidation, voiding, setting aside, retraction
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Mid 17th century: from late Latin rescissio(n-), from resciss-, ‘split again’, from the verb rescindere (see rescind).