Rescinsionnoun
Rescission.
Rescissionnoun
An act of removing, taking away, or taking back.
Rescissionnoun
(legal) The undoing of a contract; repeal.
Rescissionnoun
The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
Rescissionnoun
(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; recission may be brought about by decree or by mutual consent