Webrescission. The cancellation of a previous exercise of an incentive stock option, generally because of a substantial drop in the price of the stock acquired through the exercise. Rescission results in the employee surrendering stock in exchange for money that was … Web1 hour ago · The dictionary defines recession as “a period of temporary decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”

Rescission definition and meaning Collins English Dictionary

Webthe 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; 2011 - English Dictionary Database By … Webrescission noun [ C or U ] LAW formal uk / rɪˈsɪʃ ə n / us / rɪˈsɪʒən / the act of officially ending a law, taking back a decision, or saying that an agreement no longer exists: All investors have rescission rights. They are seeking a rescission of the merger and … dianna rossini sports reporter picture

Rescission Definition & Meaning - Merriam-Webster

WebRescission Rescission Cancellation of a contract. Rescission may be unilateral, as when a party rightfully cancels a contract because of another party's material breach. Rescission can also be mutual, as when the contracting parties agree to discharge all remaining … Webrescind verb re· scind ri-ˈsind rescinded; rescinding; rescinds Synonyms of rescind transitive verb 1 : to take away : remove 2 a : take back, cancel refused to rescind the … WebRescission is the termination of an insurance contract by the insurer because facts have been concealed or misrepresented by the proposer. An insurer usually seeks a … citibank autopay