Webster's English Dictionary

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rescind

re.scind \ri-'sind\ vt [L rescindere to annul, fr. re- + scindere to cut - 
   more at] SHED 1: to take away : REMOVE  2a: ANNUL, CANCEL  2b: to abrogate 
   (a contract) by restoration of preexisting conditions  3: to make void (as 
   an act) by action of the enacting or a superior author ity : REPEAL - 
   re.scind.er n