PURPOSE: To provide a rewritable correction liquid composed of an acrylic resin, a styrene-based thermoplastic elastomer, trichloroethane, trichlorotrifluoroethane and titanium white, and giving a rapidly drying correction coating.

CONSTITUTION: The objective correction liquid is composed of (A) an acrylic resin (usually a thermoplastic resin for coating, etc.), (B) preferably 10W40(wt)% styrene-based thermoplastic elastomer (based on the component A), (C) 1,1,1- trichloroethane, (D) 1,1,2-trichloro-1,2,2,-trifluoroethane and (E) titanium white. The amount of the component D is preferably 5W15% of the component C, and that of the component A is preferably 3W15% based on the whole composition.