recission
Noun
Meaning
(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
Source: WordNetSynonyms
rescission
cancel
cancellation
termination
reversal
forgiveness
avoidance
repeal
annulment
revocation
nullification
disallowance
Antonyms
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Examples
recission may be brought about by decree or by mutual consent