
• (n.) The withdrawing, or open renunciation, of a suit in court by the plaintiff, by which he forever lost his right of action.
Found on
http://thinkexist.com/dictionary/meaning/retraxit/
Re·trax'it noun [ Latin , (he) has withdrawn.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. Found on
http://www.encyclo.co.uk/webster/R/68

The act by which a plaintiff withdraws his suit; it is so called from the fact that this was the principal word used when the law entries were in Latin. A retraxit differs from a nonsuit, the former being the act of the plain-tiff himself, for it cannot even be entered by attorney and it must be after declaration filed while the latter occurs in .....
Found on
http://www.lectlaw.com/def2/q162.htm
No exact match found.