Associations to the word «Rescission»

Wiktionary

RESCISSION, noun. An act of removing, taking away, or taking back.
RESCISSION, noun. (legal) The undoing of a contract; repeal.

Dictionary definition

RESCISSION, noun. (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; "recission may be brought about by decree or by mutual consent".

Wise words

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates