(n) (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, Syn.rescission
The Collaborative International Dictionary of English (GCIDE) v.0.53
n. [ L. abscissio. See Abscind. ] 1. The act or process of cutting off. “Not to be cured without the abscission of a member.” Jer. Taylor. [ 1913 Webster ]
2. The state of being cut off. Sir T. Browne. [ 1913 Webster ]
3. (Rhet.) A figure of speech employed when a speaker having begun to say a thing stops abruptly: thus, “He is a man of so much honor and candor, and of such generosity -- but I need say no more.” [ 1913 Webster ]
n. [ L. rescissio: cf. F. rescission. See Rescind. ] The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment. [ 1913 Webster ]
n. [ L. scissio, fr. scindere, scissum, to cut, to split: cf. F. scission. ] The act of dividing with an instrument having a sharp edge. Wiseman. [ 1913 Webster ]
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