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English definition of “cancellation”

cancellation

noun [C or U] (US also cancelation)     /ˌkænsəˈleɪʃən/
a situation in which something that has been arranged is stopped from happening: flight/train cancellations Please call and inform us as soon as possible if you need to make a cancellation. The train service posted a notice that travelers could expect delays and cancellations through this weekend.
LAW an act of officially ending a legal agreement or responsibility: It is time for the West to think of answering the call for a cancellation of Third World debt. Regulators examined 90 randomly selected cases of policy cancellations and found violations in each one.
LAW, BANKING an act of marking a cheque or other document to show that it has been used and cannot be used again: Pre-canceled stamps do not require manual cancellation by the Post Office.
COMMERCE an act of stopping an order for goods or services: The company anticipates that cancellations and rescheduling of existing orders will adversely impact its business.
(Definition of cancellation noun from the Cambridge Business English Dictionary © Cambridge University Press)
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