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rescission

 
Noun rescission has 1 sense
  1. recission, rescission - (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
    --1 is a kind of cancellation
    Derived form: verb rescind1
rescinance rescincion rescind rescind rescindable rescinded rescinding resciprocate rescission rescissions rescka rescript rescriptor rescuable rescudule rescue-refinancing rescue

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