From Longman Business Dictionaryre‧scis‧sion/rɪˈsɪʒən/noun[countable, uncountable]theofficialstopping of alaw,agreement, ordecisiontheir right to rescission of the contract Pictures of the day What are these? Click on the pictures to check....
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There are a few types of equitable relief, including: Specific Performance Injunction Declaratory Relief Equitable Estoppel Rescission Reformation In general, law practitioners are referring to cases involving specific performance and injunctions. What Is Specific Performance? Specific performance means that ...
4, the protection of insurers - the right to rescission in advance. The 255th provision of China's maritime law stipulates: "after an insurance accident occurs, the insurer has the right to give up the right to the insurance subject matter and pay the insurance compensation stipulated in the...
tax law refromunwind doctrineunwanted tax consequencesrescission doctrineWhen taxpayers discover that their transactions have unwanted tax consequences, they routinely rely on the unwind doctrine found in Internal Revenue Service Revenue Rulings 80-58. Nowadays, "unwinding" has become a "common if not ...
rescission revision supervision vision Comments Log in or sign up to get involved in the conversation. It's quick and easy. oroboros commented on the word circumcision A "round about" decision? And hopefully with some circumspection. See circumnavigate. August 16, 2007 chained_bear comme...
nounlawindemnity from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved. nouna sum of money paid in compensation for loss or injury nounan act of compensation for actual loss or damage or for trouble and annoyance
the court's power to revise a judgment because of fraud,mistake, or irregularity a clericalmistake 2 :an erroneous belief: as a :a state of mind that is not in accordance with the facts existing at the time a contract is made and that may be a ground for the rescission or reformation...
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