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Noun(1) (law(2) (law) the act of rescinding(3) 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(4) recission may be brought about by decree or by mutual consent

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(1) The plaintiff seeks restitution based on rescission of the contract as a result of the failure of the defendant to disclose.(2) Non-compliance with the disclosure requirement under the Act exposes franchisors to significant consequences, including rescission of franchise agreements.(3) The defendants claim rescission of the Charge Agreement or damages.(4) the plaintiff agreed to the rescission of the agreement(5) So this was not a threat to revoke, this was a notice of rescission or revocation.(6) u2018As has been seen, that has been the decision where rescission is ordered of a sale by a trustee to himselfu2019.
Synonyms
Noun
1. revocation
2. repeal
3. annulment
4. nullification


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