Akademik

cancel

To void an order to buy or sell from (1) the floor, or (2) the trader/salesperson's scope. In Autex, the indication still remains on record as having once been placed unless it is expunged. Bloomberg Financial Dictionary

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cancel can‧cel [ˈkænsl] verb cancelled _PTandPPX cancelling _PRESPARTX canceled _PTandPPX canceling _PRESPARTX [transitive]

1. to arrange that a planned activity or event will not now happen:

• Airport 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.

2. LAW to end an agreement or arrangement that exists in law:

• You can suspend or even cancel your contract for the period you are away.

3. LAW to draw lines across a document so that it no longer has any legal effect

cancel something → out phrasal verb [transitive]

if one thing cancels out another, it has an equal but opposite effect, so that the effects of the first thing are not felt:

• The losses in our overseas division have cancelled out this year's profits.

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cancel UK US /ˈkæns^əl/ verb [I or T] (-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.

Financial and business terms. 2012.