rescission


rescission

noun

  1. the act of rescinding.

noun

  1. the act of rescinding
  2. law the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc
n.

1610s, “action of cutting off;” 1650s, “action of annulling,” from Late Latin rescissionem (nominative rescisio) “annulment,” noun of action from past participle stem of rescindere “to cut off; abolish” (see rescind).

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