The Collaborative International Dictionary
Retraxit
Retraxit \Re*trax"it\, n. [L., (he) has withdrawn. See
Retract.] (O. Eng. Law)
The withdrawing, or open renunciation, of a suit in court by
the plaintiff, by which he forever lost his right of action.
--Blackstone.
Wiktionary
retraxit
n. (context legal obsolete English) The withdrawing, or open renunciation, of a suit in court by the plaintiff, by which he forever lost his right of action.