Rescindir means ‘to terminate/cancel’. It is a regular -ir verb: rescindo (present), rescindí (preterite), rescindido (past participle), rescindiendo (gerund).
Rescindir in use
El club rescindió el contrato del entrenadorThe club terminated the coach's contract
Si no pagan, rescindiremos el acuerdoIf they don't pay, we will terminate the agreement
Mi compañía de seguros ha rescindido la póliza sin avisarmeMy insurance company has cancelled the policy without telling me
On this pageIndicative
Indicative
Statements of fact, certainty and objective reality
The other perfect tenses (haber + past participle) and the past subjunctive
The imperfect subjunctive has two forms: -ra (more common in speech) and -se (more formal; still heard in speech in Spain, mainly written in Latin America). Both are equally correct and interchangeable.
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