How to spell rescission and define
Webrescission noun [ C or U ] LAW formal uk / rɪˈsɪʃ ə n / us / rɪˈsɪʒən / the act of officially ending a law, taking back a decision, or saying that an agreement no longer exists: All investors have rescission rights. They are seeking a rescission of the merger and unspecified … 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, …
How to spell rescission and define
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WebFind 19 ways to say RESCISSION, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. WebDefinitions of rescission. 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. synonyms: recission. see more.
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 … WebWhere the contract is set aside and the parties are put back into the position in which they were before the contract was made. It is one of the remedies available for misrepresentation. Rescission is an equitable remedy and will not be available if one of the bars to rescission is present (such as affirmation of the contract or lapse of time).
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. ... The portions of the proposed rule on the SBLC moratorium rescission would require SBA … Webnoun re· ci· sion ri-ˈsi-zhən Synonyms of recision : an act of rescinding : cancellation Synonyms abandonment abortion calling calling off cancellation cancelation dropping recall repeal rescission revocation See all Synonyms & Antonyms in Thesaurus Example …
Webrescission noun An act of removing, taking away, or taking back. rescission noun The undoing of a contract; repeal. Samuel Johnson's Dictionary Rate this definition: 0.0 / 0 votes Rescission noun The act of cutting off; abrogation. Etymology: rescission, Fr. rescissus, Lat.
WebJul 12, 2024 · NBER has its own definition of what constitutes a recession, namely “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real... the out of towners 1999 123moviesWebrescission - WordReference English dictionary, questions, discussion and forums. All Free. the out of towners 1970 streamingWebOfficial interpretation of Paragraph 23 (a) (1) Show. (2) To exercise the right to rescind, the consumer shall notify the creditor of the rescission by mail, telegram or other means of written communication. Notice is considered given when mailed, when filed for telegraphic transmission or, if sent by other means, when delivered to the creditor ... the out of towners 1999WebNoun. 1. recission - (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". rescission. cancellation - the act of cancelling; calling off some arrangement. the out of towners 1970 ok ruWebIn contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. … shunt factor listWebThe act of rescinding. The termination of a contract by mutual agreement or as a result of fraud or some legal defect. The termination of a contract unilaterally by a party for substantive legal reasons, such as the failure of the other party to perform its obligations; … the out of towners 1970 the trainWebMar 27, 2024 · rescission in British English. (rɪˈsɪʒən ) noun. 1. the act of rescinding. 2. law. the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc. Collins English Dictionary. Copyright © … shunt factors