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

The spate of incidents could trigger a rush of cancellations, but experts are advising travelers to consider the larger picture before abandoning their beach plans. The Washington Post, The Mercury News, "Is it safe to travel to the Dominican Republic?," 13 June 2019 The spate of incidences could trigger a rush of cancellations, but experts are advising travelers to consider the larger picture before abandoning their beach plans. Andrea Sachs, Washington Post, "Is it safe to travel to the Dominican Republic?," 12 June 2019 Advertising Southwest, the largest operator of the Max with 34 of them and another 249 on order, said this week that the grounding caused it to cancel 2,800 flights so far, or 30 percent of all cancellations in the first quarter. Bernard Condon, The Seattle Times, "Financial pressure mounts to fix Boeing’s troubled jetliner," 1 Apr. 2019 JFK International Airport and LaGuardia Airport have already experienced hundreds of cancellations. Jennifer Aldrich, Country Living, "Brace Yourselves: The Entire Country Will be Hit by a Brutal Winter Storm This Week," 12 Feb. 2019 The man, whose mistake resulted in the delay of hundreds of flights and dozens of cancellations, has been issued a ticket for $52 and ordered to pay an additional fee of $75 for towing the car, Phoenix police confirmed. Alexandra Deabler, Fox News, "Bomb scare at Phoenix airport caused by unattended car; driver only getting $52 parking ticket," 18 Sep. 2018 Here, our favorite Airbnbs in Reykjavík, all hosted by Superhosts, who each have a rating of 4.8 or above, a record of zero cancellations, and at least a 90 percent response rate. Meredith Carey, Condé Nast Traveler, "Best Airbnbs in Reykjavík," 9 Aug. 2018 At press time, no other information was available on the cause of the cancellations. Gil Kaufman, Billboard, "Blink-182 Cancel Bunbury Festival Appearance, Two Other Shows Due to 'Unforeseen Circumstances'," 30 May 2018 The singer has yet to publicly comment on the cancellation directly. Rachel Epstein, Marie Claire, "Why Solange Cancelled Her Coachella 2019 Performance," 8 Apr. 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

Statistics for cancellation

Last Updated

17 Jun 2019

Look-up Popularity

Time Traveler for cancellation

The first known use of cancellation was in 1535

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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

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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