IPA: /rɪˈtrækʃən/
KK: /rɪˈtrækʃən/
The act of taking back or withdrawing something that was previously said or written, often in a formal way.
The scientist issued a retraction of her earlier claims after new evidence was presented.
Retraction → It is formed from "re-" (meaning back or again) and "tract" (from Latin "tractus", meaning to pull or draw). The word "retraction" means the act of pulling back or withdrawing something that was previously stated or offered.
Think of 'pulling back' ('tract') something 'again' ('re-') — that's why retraction means to withdraw a statement.