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rescission
(redirected from recission)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
rescission (ri·siˑ·zhn),
n the termination of a contract, either by a party legally entitled to do so or by court order.


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When he was told that 2006 money could not count toward 2005 expenses, Williams requested recission of his enrollment in the plan for 2006 and a refund of his money.
The resulting bipartisan furor forced Drake to rescind his earlier recission.
There seems never to have been any doubt among the Framers that this requires action of precisely the same kind, by precisely the same authorities, for either enactment or the recission of a law.
 
 
 
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