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rescission

[ri-sizh-uh n] /rɪˈsɪʒ ən/
noun
1.
the act of rescinding.
Origin
1605-1615
1605-15; < Late Latin rescissiōn- (stem of rescissiō) a making void, rescinding, equivalent to resciss(us) (past participle of rescindere to rescind, equivalent to re- re- + scid-, variant stem of scindere to cleave, tear in two + -tus past participle suffix, with dt > ss) + -iōn- -ion
Related forms
nonrescission, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for rescission
  • Both offices said that yes, there is a right of rescission.
  • It cost much more to fire employees in a recession, only to hire and train new ones after the rescission ends.
British Dictionary definitions for rescission

rescission

/rɪˈsɪʒən/
noun
1.
the act of rescinding
2.
(law) the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for rescission
n.

1610s, "action of cutting off;" 1650s, "action of annulling," from Late Latin rescissionem (nominative rescisio) "annulment," noun of action from past participle stem of rescindere "to cut off; abolish" (see rescind).

Online Etymology Dictionary, © 2010 Douglas Harper
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Word Value for rescission

12
14
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