RESCISSION


Meaning of RESCISSION in English

-izhən, -ish- noun

( -s )

Etymology: Late Latin rescission-, rescissio annulment, from Latin rescissus (past participle of rescindere to rescind) + -ion-, -io -ion

1. obsolete : an act of cutting off

2. : an act of rescinding, annulling, or vacating or of cancelling or abrogating (as by restoring to another party to a contract or transaction what one has received from him)

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.