rescission Synonyms
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rescission Meaning
rescission (n)
(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
rescission (n.)
The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
rescission Sentence Examples
- The rescission of the contract invalidated all previous agreements.
- The board of directors unanimously voted for the rescission of the stock offering.
- The defendant sought rescission of the sale after discovering a material defect in the property.
- The rescission of the order left the parties in their original positions.
- The court granted rescission of the marriage due to fraud.
- The company's rescission of its dividend payment caused a decline in its stock price.
- The plaintiff filed a lawsuit seeking rescission of the loan agreement.
- The rescission of the tariff resulted in a decrease in import costs.
- The government's rescission of the environmental regulation eased compliance burdens on businesses.
- The rescission of the executive order was met with mixed reactions from the public.
FAQs About the word rescission
(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
cancellation,cancelation, repeal, abandonment,revocation, abolition, calling, recision, abortion, calling off
beginning, continuation, beginning,continuation, engagement, initiation, engagement,initiation,commencement, undertaking
The rescission of the contract invalidated all previous agreements.
The board of directors unanimously voted for the rescission of the stock offering.
The defendant sought rescission of the sale after discovering a material defect in the property.
The rescission of the order left the parties in their original positions.
