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English definition of “retract”

retract

verb [T]     /rɪˈtrækt/
to take back an offer or statement, etc. or admit that a statement was false: retract a statement/comment/decision A political uproar followed, and he quickly retracted his comments.retract an offer/a bid The EPA then retracted the offer with little explanation. retract an endorsement/accusation/criticism
(Definition of retract verb from the Cambridge Business English Dictionary © Cambridge University Press)
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