How Do You Spell NONRESCISSION?

Pronunciation: [nˌɒnɹɪsˈɪʃən] (IPA)

The word "nonrescission" is spelled with the prefix "non-" meaning not or opposite, combined with the word "rescission" which means to revoke or cancel. It is pronounced /nɒnrɪˈsɪʒən/. This word is commonly used in legal contracts and agreements to indicate that there is no option for revocation or cancellation. The spelling of this word can be challenging for non-native English speakers due to the combination of multiple consonants, but by breaking down the word into its components, it becomes easier to understand and spell correctly.

NONRESCISSION Meaning and Definition

1. Nonrescission is a legal term that refers to the act of refraining from revoking or annulling a contract or agreement. It is the opposite of rescission, which means the cancellation or termination of a contract. Nonrescission is the decision to uphold or maintain the validity of a contract or agreement without annulling or revoking it.

   In legal contexts, nonrescission can occur when one party chooses not to exercise their right to revoke a contract, particularly when there has been a breach of its terms. This decision is made with the intention to continue with the contract, usually to protect one's own interests or to preserve a business relationship.

   Nonrescission can also be seen in the context of insurance policies. As with any contract, an insurance policy can be cancelled or rescinded if one of the parties fails to fulfill their obligations. However, nonrescission may occur when an insurance company decides not to cancel or terminate a policy despite certain breaches or non-compliance. This could be due to various reasons such as the insurer's discretion, willingness to overlook minor issues, or the insured party rectifying the breach to the satisfaction of the insurer.

   Overall, nonrescission is the act of choosing not to cancel or revoke a contract, agreement, or policy, and instead opting to maintain its validity.

Common Misspellings for NONRESCISSION

• bonrescission
• monrescission
• jonrescission
• honrescission
• ninrescission
• nknrescission
• nlnrescission
• npnrescission
• n0nrescission
• n9nrescission
• nobrescission
• nomrescission
• nojrescission
• nohrescission
• noneescission
• nondescission
• nonfescission
• nontescission
• non5escission
• non4escission

Etymology of NONRESCISSION

The word "nonrescission" is a combination of two words: "non" and "rescission".

1. "Non" is a prefix derived from Latin meaning "not" or "without". It is commonly used to negate or give an opposite meaning to a word.

2. "Rescission" comes from the Latin word "rescindere", which means "to cut back" or "to annul". In English, "rescission" refers to the act of canceling, revoking, or annulling a contract or agreement.

Therefore, the word "nonrescission" can be understood as "not rescinding" or "without rescission", indicating the absence of cancellation or annulment.

Plural form of NONRESCISSION is NONRESCISSIONS