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Meaning of RECISSION

Pronunciation:  rus'ishun

WordNet Dictionary
 
 Definition: [n]  the act of rescinding; (law) 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
 
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 Synonyms: rescission
 
 See Also: cancellation

 

 

 

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