Meaning

• To pull back inside.

  "An airplane retracts its wheels for flight."

• To draw back; to draw up.

  "A cat can retract its claws."

• To take back or withdraw something one has said.

  "I retract all the accusations I made about the senator and sincerely hope he won't sue me."

• To take back, as a grant or favour previously bestowed; to revoke.