retraxit
/rɪˈtraksɪt/Law (now US )
noun
The cessation of a suit as a result of the voluntary withdrawal of the plaintiff, after which the suit may not be brought again; a dismissal with prejudice based on the withdrawal of the plaintiff.
- A retraxit differs from a nonsuit, the latter case being a dismissal without prejudice in which the plaintiff retains the right to sue again..
Origin
Late 16th century. From Anglo-Norman retraxit formal withdrawal of a suit by a plaintiff from classical Latin retraxit, 3rd person singular perfect indicative of retrahere.