Meaning of the word rescission in English

What does rescission mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

rescission

US /rɪˈsɪʒ.ən/
UK /rɪˈsɪʒ.ən/
"rescission" picture

Noun

1.

the revocation, cancellation, or repeal of a law, order, or agreement

Example:
The contract included a clause for rescission if certain conditions were not met.
The court ordered the rescission of the fraudulent transaction.
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