reversal Hear it!

reversal definition - legal

n

The setting aside or overturning of a lower courtÂ’s decision by an appellate court; a turning around of the short-term market price trend of a security, either from downward to upward, or the other way around.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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