Law Dictionary

To search for a particular term please use the following search box.

Letters

You may also browse our dictionary by first letter.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Return to Law Dictionary Index

right of rescission

the borrower's statutory right under the Truth-in-Lending law to change his or her mind and cancel a loan within three business days from the date of the loan application.

Source : U.S. Department of the Treasury

Language : English

Return

Return to Law Dictionary Index