cancelcan·cel /ˈkænsəl/ verb (cancelled, cancelling British EnglishBrE, canceled, canceling American EnglishAmE) [transitiveT]1to arrange that a planned activity or event will not now happenAirport security has been increased but there is no intention of cancelling flights.
Because of the takeover moves the meeting was cancelled.
Some airlines have been forced to cancel orders.
2LAWto end an agreement or arrangement that exists in lawYou can suspend or even cancel your contract for the period you are away.
3LAW to draw lines across a document so that it no longer has any legal effect