The businessman is thinking of rescinding the contract.

Tom rescinded his offer.

Our firm is a giant one, and there are some rules and regulations, which should be revised or rescinded to reduce red tape and increase efficiency.

Juggalos, as supporters of the rap group Insane Clown Posse are known, gather in front of the Lincoln Memorial in Washington during a rally, Saturday, Sept. 16, 2017, to protest and demand that the FBI rescind its classification of the juggalos as "loosely organized hybrid gang."

Hadi fled to Aden in February 2015 and rescinded his resignation.