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doc Definition of rescission
    English to English
    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.
    source: WordNet 3.0
  • The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
  • source: Webster 1913
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