term:

Redhibition

redhibition n

[French rédhibition, from Latin redhibitio return of defective goods to the seller, from redhibēre to return (defective goods), from red- back + habēre to hold, have]
in the civil law of Louisiana
: the rescission of the sale of or a reduction in the purchase price of a thing that has a redhibitory defect
;also
: the action for such a rescission or reduction

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.