Definition of rescission in English:

rescission

noun

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

    • ‘The defendants claim rescission of the Charge Agreement or damages.’
    • ‘The plaintiff seeks restitution based on rescission of the contract as a result of the failure of the defendant to disclose.’
    • ‘So this was not a threat to revoke, this was a notice of rescission or revocation.’
    • ‘‘As has been seen, that has been the decision where rescission is ordered of a sale by a trustee to himself’.’
    • ‘Non-compliance with the disclosure requirement under the Act exposes franchisors to significant consequences, including rescission of franchise agreements.’
    revocation, repeal, cancellation, rescindment, reversal, abrogation, annulment, nullification, invalidation, voiding, setting aside, retraction
    recall
    disannulment
    View synonyms

Origin

Mid 17th century: from late Latin rescissio(n-), from resciss- split again from the verb rescindere (see rescind).

Pronunciation:

rescission

/rəˈsiZHən/