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Rescission

/rɪˈsɪʒən/
C2
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(noun) An act of rescinding: removing, taking away, or taking back.

The buyer requested a total rescission of the sales contract.
Rescission is a legal remedy that cancels a formal agreement.
CEFR Practice Quiz
The ____ of the contract was agreed by both parties after it became clear the terms could not be met.

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