There are multiple definitions - click on the translation that matches your context.

visszavonás

főnév

full

retraction

noun

Definitions of retraction

the action of admitting (especially publically) that a statement you made was false

Heepe has since issued a retraction and an apology.

the action of taking back an offer or a statement, etc

What is the position when a written confirmation of a job is then followed by a verbal retraction?

the action of taking something back, taking something away or reducing something

Since the first special court opened at Bridgwater, conviction rates at trial have increased from 20% to 83.3%, whilst the retraction rate has fallen from 32.6% to 20.6%.