Definition of retraxit in English:

retraxit

noun

US
Law
  • The cessation of a suit as a result of the voluntary withdrawal of the plaintiff, after which the suit may not be brought again; a dismissal with prejudice based on the withdrawal of the plaintiff.

Origin

Late 16th century. From Anglo-Norman retraxit formal withdrawal of a suit by a plaintiff from classical Latin retraxit, 3rd person singular perfect indicative of retrahere.

Pronunciation

retraxit

/rɪˈtraksɪt/