resile
To start back; to recoil; to recede from a purpose.
I once described this rather vulgarly as a Euro-wanking make-work project and I do not resile from that.
To spring back; rebound; resume the original form or position, as an elastic body.
Where it comes from
From Middle French resiler (compare French résilier), from Latin resiliō (“spring back”), from re- (“back”) + saliō (“to jump”).
Adapted from the Wiktionary entry resile (CC BY-SA 4.0).