recission

English - Turkish

Definition of recission in English Turkish dictionary

(Ticaret) iptal etme

English - English

Definition of recission in English English dictionary

{n} a cutting off, a making void

The cancellation of a contract With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security

A federal budgetary term that refers to the cancellation, in whole or part, of budget authority previously granted by Congress

alternative spelling of rescission

- In most cases borrowers have three business days following a real estate closing to elect to cancel a loan transaction

The cancellation of a contract With respect to mortgage financing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses the equity in the home as security Back to Top

The cancellation or annulment of a transaction or contract by the operation of a law or by mutual consent Borrowers usually have the option to cancel a refinance transaction within three business days after it has closed

An option in the discharge of a contract If both parites agree, they my recind a contract in a process called recission

(legal term) The termination of a contract by mutual agreement of the parties

Law that gives the borrower 3 days after signing to cancel a contract in some cases, if the transaction uses home equity as security

The act of canceling the effect of a document

The cancellation of a contract When refinancing a mortgage on a principal residence the law gives the homeowner three days to cancel the contract

(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

The cancellation of a mortgage or other contract by law or the mutual consent of those involved

The cancellation of a contract by law or consent by the parties involved

Turkish pronunciation

rısîşın

Pronunciation

/rəˈsəsʜən/ /rəˈsɪʃən/