If get a call saying a company has decided to rescind your job offer, it's back to the classifieds for you. Rescind is an official reversal.

Pronunciation: /rɪˈsɪnd/
English description: to officially end a law, or change a decision or agreement
Origin: Things that are rescinded: policies, court decisions, regulations, and official statements. What all these examples have in common is that they are on the record. Also, rescind usually refers to promises instead of tangible objects. You can't rescind a shirt a friend has borrowed from you, but you can rescind your offer to loan them your jeans.

EXAMPLE SENTENCE:

A week later, amid threats of boycotts and litigation, the councill or rescinded it.
On Tuesday, 10 months after the cuts took effect, the MWD voted to rescind them.

*New word description, story and part of "EXAMPLE SENTENCE" are cited in Vocabulary

Song of the Week: <Through the years>

https://www.youtube.com/watch?v=S4WvK442P6U