From Longman Dictionary of Contemporary Englishrescindre‧scind /rɪˈsɪnd/ verb [transitive] SCLPGto officially end a law, or change a decision or agreement→ See Verb table
Examples from the Corpus
rescind• And so, for the first time, a federal entitlement has been rescinded.• Efforts to improve matters by raising prices and reducing subsidies led to open resistance and had to be rescinded.• If she is successful, final approval for the research project will be delayed or even rescinded.• The court has power to rescind a bankruptcy order under this section.• This plan was later rescinded, however, after it was revealed to be without legal foundation.• The National Council of the Guild decided by three votes to two to call a special conference to rescind the affiliation decision.• The case increased pressure on President-elect Bill Clinton to rescind the ban on homosexual service members.From Longman Business Dictionaryrescindre‧scind /rɪˈsɪnd/ verb [transitive]LAW to officially end a law, agreement, or decision made earlierThe company has the right to rescind the agreement.→ See Verb tableOrigin rescind (1500-1600) Latin rescindere, from scindere “to cut”