Recision is 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.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). recision. Retrieved September 21, 2026, from http://smartdefine.org/recision/definitions/1161923 |
| Chicago | Barry Goldsmith. 2010. "recision" http://smartdefine.org/recision/definitions/1161923 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, recision, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/recision/definitions/1161923>. |
| MLA | Barry Goldsmith. "recision" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/recision/definitions/1161923> |