rescission

[ ri-sizh-uhn ]

noun

1. the act of rescinding.

rescission

/ rɪˈsɪʒən /

noun

1. the act of rescinding
2. law the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc

Other Words From

• nonre·scission noun

Word History and Origins

Origin of rescission¹

1605–15; < Late Latin rescissiōn- (stem of rescissiō ) a making void, rescinding, equivalent to resciss ( us ) (past participle of rescindere to rescind, equivalent to re- re- + scid-, variant stem of scindere to cleave, tear in two + -tus past participle suffix, with dt > ss ) + -iōn- -ion

Example Sentences

The full board took up her case on Monday and later voted to order a rescission hearing, referring the case to a lower panel to consider whether to rescind the earlier recommendation.

From Seattle Times

Under a 1974 law, appropriated funds must be made available for their intended purpose unless a rescission is approved by both the Senate and House of Representatives.

From BBC

Simpson said that without such rescissions, as they are called in Washington, he couldn’t vote for the agriculture spending bill because the cuts “would have just been devastating.”

From Seattle Times

The Congressional Budget Office has projected that the $1.4 billion rescission will actually increase deficits by about $900 million over the next decade because it will lead to less tax revenue coming in.

From Seattle Times

Additional cuts to infrastructure development grants and rescission of funds for small meat and poultry processing plants would total about $1.5 billion, the agency said.

From Reuters