re·scind /ri-'sind/ vb [Latin rescindere to cut loose, annul, from re- away, back + scindere to cut, split]
vt
1: to take back and make void
rescind ed its suspension of his license
2: to abrogate (a contract or transaction) by mutual agreement, judicial decree, or unilateral declaration because of fraud, mistake, duress, misrepresentation, illegality, a breach, or another sufficient ground with both parties restored to their positions before the contract was made
3: to make void by the same or by a superior authority
rescind a regulation
vi: to rescind something (as a contract)
re·scind·able /-'sin-də-bəl/ adj
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.