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Void and Reverse

noun

  • The state of nonexistence.
  • An empty area or space.
    • usage: "the huge desert voids"; "the emptiness of outer space"; "without their support he'll be ruling in a vacuum"

verb

  • Declare invalid.
    • usage: "The contract was annulled"; "void a plea"
  • Clear (a room, house, place) of occupants or empty or clear (a place or receptacle. of something)
    • usage: "The chemist voided the glass bottle"; "The concert hall was voided of the audience"
  • Take away the legal force of or render ineffective.
    • usage: "invalidate a contract"
  • Excrete or discharge from the body.

adjective

  • Lacking any legal or binding force.
    • usage: "null and void"
  • Containing nothing.
    • usage: "the earth was without form, and void"

Having no legal force or binding effect; a nullity; not enforceable. A' void' agreement is no contract at all. A void contract need not be disaffirmed, nor can it be ratified. A contract for an illegal purpose (for example, gambling) is void. A voidable contract is one that is able to be voided. Voidable implies a valid act that may be rejected by an act of disaffirmance, rather than an invalid act that may be confirmed. For example, if a minor contracts to buy a diamond ring, the contract can be voided by the minor because of lack of sufficient age. If, however, the minor elects to enforce the contract, the contract is valid and the other party cannot assert the minor's lack of age as a defense.

noun

  • A relation of direct opposition.
    • usage: "we thought Sue was older than Bill but just the reverse was true"
  • The gears by which the motion of a machine can be reversed.
  • An unfortunate happening that hinders or impedes; something that is thwarting or frustrating.
  • The side of a coin or medal that does not bear the principal design.
  • American football. ( a running play in which a back running in one direction hands the ball to a back running in the opposite direction)
  • Turning in the opposite direction.

verb

  • Change to the contrary.
    • usage: "The trend was reversed"; "the tides turned against him"; "public opinion turned when it was revealed that the president had an affair with a White House intern"
  • Turn inside out or upside down.
  • Rule against.
    • usage: "The Republicans were overruled when the House voted on the bill"
  • Cancel officially.
    • usage: "He revoked the ban on smoking"; "lift an embargo"; "vacate a death sentence"
  • Reverse the position, order, relation, or condition of.
    • usage: "when forming a question, invert the subject and the verb"

adjective

  • Directed or moving toward the rear.
    • usage: "a rearward glance"; "a rearward movement"
  • Of the transmission gear causing backward movement in a motor vehicle.
    • usage: "in reverse gear"
  • Reversed (turned backward) in order or nature or effect.

reverse is an informal name for a reverse repurchase agreement.