noun
- the act of canceling or revoking a contract, law, or agreement
Usage: legal
Examples
- The court ordered the rescission of the fraudulent contract.
- The company sought rescission of the merger agreement.
- Rescission of the policy was granted due to misrepresentation.
- The buyer requested rescission within the three-day cooling-off period.
- Legislative rescission of the tax law took effect immediately.
- The rescission clause allowed either party to cancel the deal.