Sentence examples for The rescission from inspiring English sources
noun
An act of removing, taking away, or taking back.
The "rescission" of exercised stock options is the latest fad in corporate executive suites.
"The rescission of the [memos] doesn't affect the industry at all.
The rescission letter was the first time Horton had ever heard about this condition.
The rescission of guidance by the Trump administration cannot change that".
The rescission of the guidance has no formal impact on the law.
The rescission then occurs only if, within 45 days, Congress enacts a new statute approving the proposed non-spending.
Because the law does not require Congress to vote, lawmakers can ignore the rescissions.
No names of companies that allowed such rescissions of share purchases have yet been disclosed, but accountants say that a number of companies, primarily technology companies, allowed the rescissions.
The group discussed the rescissions at a meeting in mid-January, and minutes of that meeting have been delayed to allow the S.E.C. to weigh in with the accounting treatment it will accept.
The new law would require Congress to vote the rescissions up or down.
In short, the High Court said Congress had to approve the rescissions.
