WebDefinitions of recission noun (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 “ recission may be brought about by decree or by mutual consent” synonyms: rescission see more VocabTrainer™ Think you know valor? Webrescission. noun. re· scis· sion ri-ˈsi-zhən. : the act, process, or fact of rescinding especially a contract. specifically : the equitable judicial remedy of rescinding a contract in a suit brought by one of the parties compare reformation. rescissory.
rescission - IRMI
WebNOUN (1) 1. (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; - Example: "recission may be brought about by decree or by mutual consent". [syn: recission, … WebApr 12, 2024 · SBA proposed to amend the definition of Loan Instruments to remove the word Authorization. The amended definition will state that Loan Instruments are the note, instruments of hypothecation, and all other agreements and documents related to a loan. ... SBLC Moratorium Rescission SBA anticipates minor additional costs or impact on the … trace of rose
rescission - pronunciation of rescission by Macmillan Dictionary
WebHow to pronounce rescission noun in British English. us. / rɪˈsɪʒ.ən/. How to pronounce rescission noun in American English. (English pronunciations of rescission from the Cambridge Advanced Learner's Dictionary & Thesaurus and from the Cambridge … Webre·scis·sion (rĭ-sĭzh′ən) n. 1. The act of rescinding. 2. Law The termination of a contract by mutual agreement or as a result of fraud or some legal defect. [Latin rescissiō, rescissiōn-, from rescissus, past participle of rescindere, to rescind; see rescind .] re·scis′so·ry (-sĭz′ə … WebDefinition and synonyms of rescission from the online English dictionary from Macmillan Education. This is the British English pronunciation of rescission. View American English pronunciation of rescission. trace of strain