recission ruh si shuhn n (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 Usage(s) I felt a great disturbance in the Force, as if millions of voices suddenly cried out in recission and were suddenly terminated from policy coverage. That's the part about recission that should make people truly sick. Synonym(s) rescission