What does RESCISSION mean?
Definitions for RESCISSION
rɪˈsɪʒ ənrescis·sion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word RESCISSION.
Princeton's WordNet
recission, rescissionnoun
(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"
Wiktionary
rescissionnoun
An act of removing, taking away, or taking back.
rescissionnoun
The undoing of a contract; repeal.
Samuel Johnson's Dictionary
Rescissionnoun
The act of cutting off; abrogation.
Etymology: rescission, Fr. rescissus, Lat.
If any infer rescission of their estate to have been for idolatry, that the governments of all idolatrous nations should be also dissolved, it followeth not. Francis Bacon.
ChatGPT
rescission
Rescission is a legal term that refers to the cancellation or revocation of a contract or agreement, effectively putting all parties involved back to the position they were in before the contract was signed. This can occur due to various reasons including misrepresentation, coercion, illegality, or a mutual agreement among all the involved parties. It is often used as a remedy in civil law cases.
Webster Dictionary
Rescissionnoun
the act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment
Etymology: [L. rescissio: cf. F. rescission. See Rescind.]
Wikidata
Rescission
In contract law, rescission has been defined as the unmaking of a contract between parties. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract.
Matched Categories
Anagrams for RESCISSION »
recissions
Numerology
Chaldean Numerology
The numerical value of RESCISSION in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of RESCISSION in Pythagorean Numerology is: 4
Examples of RESCISSION in a Sentence
We promulgated a rule having to do with applications for outside activity — meaning outside income. The rule requires a vote of the commission. But there was no vote on the book deal, in fact it was never presented to us. The staff took the position that no vote of the commission was necessary. I will move tomorrow to rescind the informal opinion, the grounds for rescission on the approval is the material misrepresentation that there would be no state resources used to write the book and effective its publication.
The return from Cuba of fugitives from U.S. justice is an issue of long-standing concern to the United States that will be addressed in the broader context of normalizing relations, we believe this is the best method for finally bringing these cases to a successful resolution, and that they are not a bar to rescission of Cuba's state sponsor designation.
Late Wednesday, I received a commitment from the President that the Department of Justice's rescission of the Cole memo will not impact Colorado's legal marijuana industry, furthermore, President Trump has assured me that President Trump will support a federalism-based legislative solution to fix this states' rights issue once and for all.
The rescission of Cuba's designation as a State Sponsor of Terrorism reflects our assessment that Cuba meets the statutory criteria.
Under the law, which was passed in 1974... the President can propose to Congress to rescind the money. The only way that would hold is if Congress says, yes, we agree. And Congress has 45 days to respond, what this opinion says is if Comptroller General Gene Dodaro try to withhold the money, and don't give Congress the 45 days, and the money expires toward the end of the year, that's not a proper rescission.
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Translations for RESCISSION
From our Multilingual Translation Dictionary
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"RESCISSION." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/RESCISSION>.
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