rescission
noun
[ rɪˈsɪʒ(ə)n ]
• the revocation, cancellation, or repeal of a law, order, or agreement.
• "the plaintiff agreed to the rescission of the agreement"
Similar:
revocation,
repeal,
cancellation,
rescindment,
reversal,
abrogation,
annulment,
nullification,
invalidation,
voiding,
setting aside,
retraction,
recall,
disannulment,
Origin:
mid 17th century: from late Latin rescissio(n- ), from resciss-, ‘split again’, from the verb rescindere (see rescind).