rescission

USAGE SUMMARY

The word "rescission" is correct and usable in written English.
It is typically used in legal contexts to refer to the act of revoking or canceling a contract or agreement. Example: "The court granted the rescission of the contract due to fraudulent misrepresentation." Alternatives include "cancellation" or "revocation."

✓ Grammatically correct

News & Media

Formal & Business

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

47 human-written examples

He calls the current reforms a path to single-payer government health care (which is false), and doesn't say anything about what he would do about insurance for people with pre-existing conditions, ending rescission, etc.

The Economist

In a show of fiscal fortitude, Mr Obama on May 24th did formally ask for new "rescission" authority: in essence, the ability to pluck bits out of spending bills for elimination, subject only to an up-or-down vote in Congress.

The Economist

Lendle did use some data to promote lending separate from purchases, but Amazon's rescission presumably means the powers that be changed their mind and decided that Lendle did, in fact, comply.This kind of stumble hardly comes as a surprise.

The Economist

Her first successful fight for the union was against the Chicago Board of Education's refusal to honour a promised salary increase in 1899 and its rescission of an earlier one in 1900.

Encyclopedia Britannica

Weddington's efforts in Washington with Mrs. Carter and Mrs. Mondale to defeat the rescission amendment (it went down in the Senate 54-44) and pass the ERA extension (it passed 60-36).

The New Yorker

But it's hard for me to see how the principles Obama laid out (principles that are embodied in every health-reform plan out there, including Max Baucus's) can actually be meaningfully gamed, precisely because the requirements seem pretty black-and-white: community rating, out-of-pocket spending limits, requirements for the kinds of treatment that must be covered, and no rescission.

The New Yorker

Human-verified similar examples from authoritative sources

Similar Expressions

13 human-written examples

Most rescissions are based on accusations that policyholders withheld material information.

The Economist

Now that the bill has passed, repealing it (which I presume is what Republicans campaigning in the fall will call for) will mean, literally, voting for allowing insurance companies to deny coverage to people with pre-existing conditions, voting to permit rescissions, and voting to make it much harder for people who lose their jobs to stay insured.

The New Yorker

While administration officials cited examples of recent spending that Mr. Obama might have singled out if he had the power, he has never used an existing, weaker law for proposing rescissions.

The New York Times

The insurers were wise to short-circuit the criticisms and end rescissions now.

The New York Times

It will come as no surprise that disclosure violations are not uncommon in the loans of the bubble years, so rescissions have become a valuable defense against foreclosure.

The New York Times

Expert writing Tips

Best practice

To ensure clarity, clearly state the grounds for the "rescission", such as fraud, misrepresentation, or breach of contract. This provides context and justification for the action.

Common error

Don't use "rescission" interchangeably with general terms like "cancellation" or "termination". "Rescission" specifically implies restoring the parties to their original positions before the contract was formed, which is not always the case with other forms of cancellation.

Linguistic Context

The primary grammatical function of "rescission" is as a noun. It typically refers to the act of canceling or revoking a contract, agreement, or law. As Ludwig AI confirms, it is primarily used in legal contexts.

Expression frequency: Very common

Frequent in

News & Media

38%

Formal & Business

30%

Encyclopedias

8%

Less common in

Science

8%

Reference

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, "rescission" is a grammatically correct noun predominantly used in legal, formal, and business contexts to describe the act of canceling or revoking an agreement or contract. Ludwig AI confirms its typical use in these areas. While alternatives like "cancellation" or "revocation" exist, "rescission" carries a specific legal connotation of restoring parties to their original positions. Therefore, understanding its precise meaning and appropriate contexts is crucial for effective communication. Top sources using this term are The New York Times, The Economist, and The New Yorker, reflecting its prominence in authoritative publications.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cancellation

A more general term for stopping something, often a contract or event.

revocation

Implies a formal withdrawal of permission or authority.

annulment

Specifically refers to making something void, often a marriage or law.

repeal

Refers to the act of revoking or annulling a law or act of parliament.

abrogation

A formal term for the abolition of a law or custom.

invalidation

The act of making something legally or formally invalid.

reversal

Suggests a change to an opposite direction or condition.

withdrawal

The act of taking something back or away.

voiding

Making something null and without legal effect.

invalidation

Rendering something without legal force or effect.

FAQs

How is "rescission" used in legal contexts?

In legal contexts, "rescission" refers to the cancellation of a contract, effectively returning the parties to their positions before the contract was formed. This is often due to factors like fraud, misrepresentation, or a breach of contract.

What are some alternatives to using the word "rescission"?

Depending on the context, you can use alternatives such as "cancellation", "revocation", or "annulment". Each carries slightly different connotations and is appropriate in specific scenarios.

What is the difference between "rescission" and "termination" of a contract?

"Rescission" aims to undo the contract and restore parties to their original state, often due to a defect in the contract's formation. "Termination", on the other hand, ends the contract based on its terms or due to a breach, without necessarily restoring the parties to their original positions.

When does a party have the right of "rescission"?

A party typically has the right of "rescission" when the contract was entered into under fraudulent circumstances, due to misrepresentation, or because of a significant breach by the other party. The specific grounds for "rescission" are often governed by applicable laws and the contract itself.