Cancellation refers to the act of terminating, annulling, or revoking an existing agreement, arrangement, contract, reservation, or appointment. It involves putting an end to a planned or scheduled event, activity, or obligation. Cancellation typically occurs when unforeseen circumstances arise, rendering the initial arrangement no longer possible or suitable.
In various contexts, cancellation can be applied. For example, it is commonly used in travel, where it refers to the act of voiding or annulling a reservation or ticket. This could be due to personal reasons, such as a change in plans or an emergency, or external factors like bad weather or political unrest. Cancellation policies, which outline the terms and conditions of terminating a reservation or booking, may include fees or penalties depending on the timing of the cancellation.
In contractual or business terms, cancellation involves terminating or annulling an agreement or contract before its completion or expiration. This could be done by one or both parties involved, as a result of non-compliance with terms, breach of contract, or mutual agreement.
Cancellation can also refer to the act of stopping or discontinuing a subscription, membership, or service. This often involves notifying the provider or company in advance and following any specific procedures outlined in the terms of use.
Overall, cancellation encompasses the act of voiding, terminating, or revoking an existing arrangement or agreement, which can be applied across various domains such as travel, business, and services.
