rescission - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “rescission”

rescission

noun [C or U]
 
 
/rɪˈsɪʃən/ US   /rɪˈsɪʒən/ formal LAW
the act of officially ending a law, taking back a decision, or saying that an agreement no longer exists: All investors have rescission rights. They are seeking a rescission of the merger and unspecified damages.
(Definition of rescission from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of rescission?
Add Cambridge dictionaries to your browser to your website

Definitions of “rescission” in other dictionaries

Word of the Day

lateral thinking

a way of solving a problem by thinking about it in a different and original way and not using traditional or expected methods

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More