cancellation

noun
can·​cel·​la·​tion | \ ˌkan(t)-sə-ˈlā-shən How to pronounce cancellation (audio) \
variants: or less commonly cancelation

Definition of cancellation

1 : the act or an instance of canceling The cancellation of the game was due to bad weather.
2 : something (such as a hotel room or a ticket) made available by the canceling of an arrangement was lucky to get a cancellation for the trip to Chicago
3 : a mark made to cancel something (such as a postage stamp)

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Examples of cancellation in a Sentence

The storm caused delays and flight cancellations. Notice of cancellation should be given 30 days in advance. There is a fee for cancellation. Cancellations increased when rates doubled.
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Recent Examples on the Web Any Last Man Standing follower knows about the drama of the show’s cancellation on ABC and pickup on FOX. Megan Stein, Country Living, "'Last Man Standing' Fans Caught an Awkward Mistake That Was Circulating About the Show," 5 Jan. 2020 The hashtag #RenewAnnewithanE has been used over one million times since the show's cancellation. Katie Bourque, Good Housekeeping, "The Real Reason 'Anne With an E' Was Canceled by Netflix Is Heartbreaking," 3 Jan. 2020 This cancellation only affects the Come Through shows originally scheduled in Houston, Nashville, and New Orleans at the end of February. Rania Aniftos, Billboard, "Bon Iver Cancels Shows With Dance Company Amid Co-Founder's Sexual Harassment Accusations," 3 Jan. 2020 Slick roads on Saturday also caused some trash cancellations. Frederick Melo, Twin Cities, "St. Paul attacks snow, ice on residential side-streets," 31 Dec. 2019 Thirty-five percent of patrons with overdue fines who had stopped using Denver Public Library services have re-engaged with the library since the fee cancellation, library officials said. The Denver Post, "Post Premium: Our best stories for the week of Dec. 23 – 29," 29 Dec. 2019 There was a pile-on, a takedown, a reassessment, an attempt at cancellation. James Parker, The Atlantic, "A Book That Honors a Complicated Figure," 26 Dec. 2019 Update: This month, The Expanse returned for its fourth season—now on Amazon after the streaming services picked up the series following SyFy's (regrettable) cancellation. Annalee Newitz And Cyrus Farivar, Ars Technica, "Nick Farmer knows dozens of languages, so he invented one for The Expanse," 22 Dec. 2019 Even the travel is impeccable: Despite operating in the heart of winter, there have been just two show postponements in 21 years — and no cancellations. Brian Mccollum, Detroit Free Press, "Behind the scenes as Trans-Siberian Orchestra creates a rocking winter wonderland," 19 Dec. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'cancellation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of cancellation

1535, in the meaning defined at sense 1

History and Etymology for cancellation

see cancel entry 1

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Learn More about cancellation

Time Traveler for cancellation

Time Traveler

The first known use of cancellation was in 1535

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Statistics for cancellation

Last Updated

14 Jan 2020

Cite this Entry

“Cancellation.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/cancellation. Accessed 21 January 2020.

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More Definitions for cancellation

cancellation

noun

Financial Definition of cancellation

What It Is

In the finance world, a cancellation is a notice informing a broker that a trade was made incorrectly. In the insurance world, a cancellation occurs when a policyholder stops paying the premium on an insurance policy and/or the insurance policy is no longer effective.

How It Works

Let's say Jane Smith calls her broker, John Doe, and tells him to buy 1,000 shares of Company XYZ. John puts the trade in, but gets a cancellation telling him that the floor accidentally bought 1,000 shares of Company X instead. John quickly puts in a new trade for Jane and then calls and tells her what happened. Because the price of Company XYZ rose about $0.25 before Jane could actually get her shares, John offers to make her whole on the trade.

In another example, let's say Peter Walker has a term life insurance policy that costs him $100 a month. He loses his job and can't afford to pay the premium anymore. In turn, the insurance company cancels the policy and Peter no longer has life insurance.

Why It Matters

Computerized trading has vastly improved the accuracy of trading in developed markets, but occasionally somebody types the wrong ticker symbol or transposes a number, causing a cancellation. Cancellations can be a sneaky way of covering up wrongdoing in an account, so they involve a considerable amount of paperwork and verification.

In insurance, cancellations may relieve a consumer of monthly premium payments, but they can also expose the consumer to considerable risk. In Peter's case, a lack of life insurance might mean that if he dies now, his children may have to sell his assets just to pay for his funeral and estate taxes if they are no longer the beneficiaries of his life insurance policy.

Source: Investing Answers

cancellation

noun
How to pronounce cancellation (audio)

English Language Learners Definition of cancellation

: a decision to stop doing or planning to do something : the act of canceling something (such as a game, performance, etc.)
: the act of causing something to end or no longer produce a certain effect : a decision to stop something from being effective or valid

cancellation

noun
can·​cel·​la·​tion | \ ˌkan-sə-ˈlā-shən How to pronounce cancellation (audio) \

Kids Definition of cancellation

1 : an act of causing something to end or no longer be in effect cancellation of a game
2 : a mark that makes something impossible to use again the cancellation on a postage stamp

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cancellation

noun
can·​cel·​la·​tion
variants: also cancelation

Legal Definition of cancellation

1 : the act or an instance of cancelling
2 : a mark made to cancel something (as a check)

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Comments on cancellation

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