rescission — re·scis·sion /ri si zhən/ n: the act, process, or fact of rescinding esp. a contract; specif: the equitable judicial remedy of rescinding a contract in a suit brought by one of the parties compare reformation re·scis·so·ry /ri si zə rē, si sə /… … Law dictionary
Rescission — (v. lat.), die Aufhebung, Umstoßung. Rescissĭo actōrum princĭpis, die Vernichtung der Anordnungen, ertheilten Privilegien etc. eines Kaisers nach dessen Tod od. Absetzung, befohlen vom Senat od. dem nachfolgenden Kaiser … Pierer's Universal-Lexikon
Rescission — Rescission, lat. deutsch, Aufhebung, Annullirung … Herders Conversations-Lexikon
rescission — (n.) 1650s, from L.L. rescissionem, noun of action from rescindere (see RESCIND (Cf. rescind)) … Etymology dictionary
rescission — [ri sizh′ən] n. [LL rescissio] the act of rescinding rescissory [ri sis′ə rē, risiz′ə rē] adj … English World dictionary
Rescission — Overturning redirects here. For other uses, see Turning over (disambiguation). Contract law … Wikipedia
rescission — Cancellation of a contract without penalty. Regulation Z provides circumstances under which a borrower may cancel loan transactions involving nonpurchase money liens on the borrower s principal place of residence. The regulation permits such… … Financial and business terms
rescission — The right of a party to a contract to have it set aside and to be restored to the position he was in before the contract was made. This is an equitable remedy, available at the discretion of the court. The usual grounds for rescission are mistake … Big dictionary of business and management
rescission — /rəˈsɪʒən/ (say ruh sizhuhn) noun the act of or procedure for rescinding: the rescission of a motion in parliament. {Late Latin rescissiōn , stem of rescissiō} …
rescission — noun Etymology: Late Latin rescission , rescissio, from Latin rescindere Date: 1651 an act of rescinding … New Collegiate Dictionary