BabelNet

bn:00066534n

Noun Concept

Categories: Contract law, Judicial remedies

recission rescission rescind rescinded Rescission of contract

(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 WordNet 3.0

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(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 WordNet 3.0 & Open English WordNet

In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Wikipedia

Remedy which allows a contractual party to cancel the contract Wikidata

An act of rescinding: removing, taking away, or taking back. Wiktionary

Recission may be brought about by decree or by mutual consent WordNet 3.0 & Open English WordNet

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