Rescission Definition

rĭ-sĭzhən
rescissions
noun
rescissions
The act of rescinding.
Webster's New World
The termination of a contract by mutual agreement or as a result of fraud or some legal defect.
American Heritage
The termination of a contract unilaterally by a party for substantive legal reasons, such as the failure of the other party to perform its obligations; or, the mutual termination of a contract, with the result that both parties are restored to the status quo ante (see also rescind); a remedy that one may seek in a court of equity that results in a termination of the contract as though it had never existed.
Webster's New World Law

An act of removing, taking away, or taking back.

Wiktionary
Synonyms:

Other Word Forms of Rescission

Noun

Singular:
rescission
Plural:
rescissions

Origin of Rescission

  • 1651, Late Latin rescission, rescissio, from Latin rescindō (“I cut back"), from re- (“back") + scindō (“I cut").

    From Wiktionary

  • Latin rescissiō rescissiōn- from rescissus past participle of rescindere to rescind rescind

    From American Heritage Dictionary of the English Language, 5th Edition

Rescission Sentence Examples

  • In my opinion the Missives in this case unlike in Bamberger provide for a terminus ad quem following rescission.

  • It is not limited to other grounds for claiming rescission.

  • In the present case it clearly did survive rescission.

  • In such cases the consumer may require rescission of the contract or reduction of the price.

  • No amendment to or rescission of that constitution, in part or in whole, shall be valid unless approved by the Corporation.

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Words Starting With

RRERES

Words Ending With

NONION

Unscrambles

rescission

Words Starting With R and Ending With N

Starts With R & Ends With NStarts With RE & Ends With NStarts With R & Ends With ON

Word Length

10 Letter Words10 Letter Words Starting With R10 Letter Words Ending With N