Rescindment vs. Rescission: What's the Difference?

To make void; repeal or annul.

The act of rescinding.

The act of rescinding.

(Law) The termination of a contract by mutual agreement or as a result of fraud or some legal defect.

The act of rescinding; rescission.

An act of rescinding: removing, taking away, or taking back.

(legal) The undoing of a contract; repeal.

The act of rescinding, abrogating, annulling, or vacating; as, the rescission of a law, decree, or judgment.

(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