- cancellation
- cancellation can‧cel‧la‧tion [ˌkænsəˈleɪʆn] noun [countable, uncountable]a decision or statement that a planned activity will not happen, or that an agreement will be ended:
• Rail passengers are fed up with cancellations and delays.
• Britain's aircraft industry could face more job losses after the cancellation of a £2.3 billion order.
* * *
cancellation UK US (US also cancelation) /ˌkænsəˈleɪʃən/ noun [C or U]► 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.
Financial and business terms. 2012.