rescission – מילון אנגלי-אנגלי
rescission
n.
cancellation, revocation, annulment, repeal
Rescission
In
contract law,
rescission has been defined as the unmaking of a contract between parties. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the
status quo ante).
rescission
Noun
1. (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
(synonym) recission
(hypernym) cancellation
(derivation) revoke, annul, lift, countermand, reverse, repeal, overturn, rescind, vacate
(classification) law, jurisprudence
Rescission
(n.)
The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
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rescission
