/tə rɪˈsɪnd ə ˈkɒntrækt/ – Phrase
Definition: phá bỏ một hợp đồng.
A more thorough explanation: To rescind a contract means to cancel or annul a contract, effectively rendering it void and returning both parties to their original positions before the contract was made.
Example: The company decided to rescind the contract due to a breach of the terms and conditions by the other party.