Hypertext Webster Gateway: "rescission"

From Webster's Revised Unabridged Dictionary (1913) (web1913)

Rescission \Re*scis"sion\ (r?-s?zh"?n), n. [L. rescissio: cf. F.
rescission. See {Rescind}.]
The act of rescinding, abrogating, annulling, or vacating;
as, the rescission of a law, decree, or judgment.

From WordNet (r) 1.7 (wn)

rescission
n : the act of rescinding; (law) 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 [syn: {recission}]


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