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Noun: rescission  ri'si-zhun
  1. (law) the act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made
    "rescission may be brought about by decree or by mutual consent";
    - recission

Derived forms: rescissions

Type of: cancelation [US, rare], cancellation

Encyclopedia: Rescission

Nearest

res gestae
res ipsa loquitur
res judicata
res publica
resale
resaw
rescale
reschedule
rescind
rescindable
rescission
rescissory
rescript
Rescriptor
rescuable
rescue
rescue equipment
rescue operation
rescue party
rescued
rescuer