Associations to the word «Rescission»

Wiktionary

RESCISSION, noun. An act of removing, taking away, or taking back.
RESCISSION, noun. (legal) The undoing of a contract; repeal.

Dictionary definition

RESCISSION, noun. (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".

Wise words

It is better wither to be silent, or to say things of more value than silence. Sooner throw a pearl at hazard than an idle or useless word; and do not say a little in many words, but a great deal in a few.
Pythagoras