cancel Meaning in Cambridge Business English Dictionary
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Meaning of "cancel" - Business English Dictionary

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cancel

verb [I or T]
 
 
/ˈkænsəl/ (-ll-, US usually -l-)
to decide that something that has been arranged will not happen: cancel a flight/meeting/trip When a flight is cancelled, an airline is obliged to provide alternative transport or a refund. "I canceled at the last minute,'' he said.
LAW to officially end a legal agreement or responsibility: cancel a contract/debt/obligation Leaders pledged to cancel the debt of the world’s most indebted countries.
LAW, BANKING to mark a cheque or other document to show that it has been used and cannot be used again: Consumers who need a canceled check to prove that they made a payment can ask for a copy.
COMMERCE to stop an order for goods or services that you no longer want or need: Protesters are urging the government to cancel the order for the new weapons system.
(Definition of cancel from the Cambridge Business English Dictionary © Cambridge University Press)
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