cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made
(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
(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
