Noun
The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.
Source: Webster's dictionaryAs an entrepreneur, I knew that if my company failed, I could always try again. So I often felt that the only real risk of true financial ruin came from the possibility of a serious illness that either exceeded my insurance plans lifetime limits, or was not covered due to rescission. Eric Ries
recission may be brought about by decree or by mutual consent Source: Internet
A 78-year-old man, who spoke in support of rescission, agreed with Hewitt said that he wears a mask only when he’s around people who are afraid. Source: Internet
And his frustration with Trump’s politicization of the judiciary is a much better explanation of his “liberal” votes on the census and Trump’s DACA rescission. Source: Internet
Cr Lyon said he was open to being persuaded to support the rescission motion. Source: Internet
For example, when the Jewish Theological Seminary of America proposed enforcing a policy against non-marital cohabitation by rabbinical students in the 1990s, protests by cohabiting rabbinical students resulted in a complete rescission of the policy. Source: Internet