noun

rescission

rih-SIZH-un/rɪˈsɪʒn/

The formal cancellation of a contract, policy, or law.

The buyer requests rescission of the contract after discovering fraud.

Two parties return contract copies across a legal desk while a central sheet is marked with a clear cancellation X, no legible text.

Etymology

reLatinback

+scissLatincut, tear apart

+ionLatinaction or process

The cutting root appears here in a noun of action. Rescission once meant “cutting off”; its legal meaning carries that image into the cancellation of an agreement, making it void.

In context

Dad Retribution82:22

he turned his legal team loose on Garrett instead he filed for rescission of contract on the grounds of fraudulent misrepresentation he wanted every dollar back

I Came To Visit My Daughter… Found Her Trapped At A Care Center. “There’s Someone Else Next Door…”

More examples

The insurer sends written notice of the policy's rescission.
Residents demand rescission of the new ordinance.
Both parties agree to rescission rather than changing the contract.

Forms

rescission · rescissions

rescind verb — To formally cancel a contract, policy, or law.

Similar words

annulment: Emphasizes declaring an agreement invalid, often from its beginning.
repeal: Specifically cancels a law through an official legislative act.