To abrogate, annul, avold, or cancel a contract; particularly, nullifying a contract by the act of a party. See Powell v. Linde Co., 29 Misc. Rep. '419, 60 N. Y. Supp. 1044; Hurst v. Trow Printing Co., 2 Misc. Rep. 861, 22 N. Y. Supp. 871
Source: Black's Law Dictionary 2nd Ed (1910)
