Rescission - definition, pronunciation, transcription

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Amer.  |rɪˈsɪʒn|  American pronunciation of the word rescission
Brit.  |rɪˈsɪʒ(ə)n|  British pronunciation of the word rescission

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

Extra examples

...the judge ruled that the town's rescission of the contract was justified due the contractor's repeated failures to meet its obligations...

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