{"id":359101,"date":"2013-01-28T16:34:14","date_gmt":"2013-01-28T21:34:14","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/dictionary\/definition\/cancel.html"},"modified":"2013-01-28T16:34:14","modified_gmt":"2013-01-28T21:34:14","slug":"cancel","status":"publish","type":"dictionary","link":"https:\/\/dictionary.findlaw.com\/definition\/cancel.html","title":{"rendered":"Cancel"},"content":{"rendered":"\n
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term:<\/p>\n

<\/h1>\n\n
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vt<\/p><\/dt>\n

-celed<\/b> or:<\/i> -celled<\/b>
-cel·ing<\/b> or:<\/i> -cel·ling<\/b>
1<\/b> :<\/b> to destroy the force, validity, or effectiveness of: as
a<\/b> :<\/b> to render (one’s will or a provision in one’s will) ineffective by purposely making marks through or otherwise marring the text of compare revoke<\/a> NOTE: The text of the will or of the will’s provision need not be rendered illegible in order for a court to find that there was an intent to cancel it. <\/i>
b<\/b> :<\/b> to make (a negotiable instrument) unenforceable esp. by purposely marking through or otherwise marring the words or signature of NOTE: As stated in section 3-604 of the Uniform Commercial Code, a party that is entitled to enforce a negotiable instrument may cancel the instrument, whether or not for consideration, and discharge the obligation of the other party to pay. <\/i>
c<\/b> :<\/b> to mark (a check) to indicate that payment has been made by the bank NOTE: A check is no longer negotiable once it has been cancelled. <\/i>
d<\/b> :<\/b> to withdraw an agreement to honor (a letter of credit) [when an issuer wrongfully s<\/i> or otherwise repudiates a credit before presentment of a draft “Uniform Commercial Code<\/i>“]
2<\/b> :<\/b> to put an end to (a contract): as
a<\/b> :<\/b> to end (a contract) by discharging the other party from obligations as yet unperformed
b<\/b> :<\/b> to end (a contract) in accordance with the provisions of U.C.C. section 2-106 or a similar statute because the other party has breached compare rescind<\/a>, terminate<\/a> NOTE: Section 2-106 provides that a party that cancels a contract because of the other party’s breach is entitled to seek remedies for breach of all or part of the contract. <\/i>
c<\/b> :<\/b> to put an end to (a lease contract) because of the default of the other party NOTE: Under U.C.C. section 2A-505, a party that cancels because of the other party’s default may seek remedies for the default of all or any unperformed part of the lease contract. <\/i>
3<\/b> :<\/b> to terminate (an insurance policy) before the end of policy period usually as allowed by policy provisions
can·cel·able
or<\/i>
can·cel·la·ble<\/b>
<\/b><\/i>
adj<\/i>
<\/b><\/i><\/p>\n<\/dd>\n<\/dl>\n

Source: Merriam-Webster’s Dictionary of Law \u00a91996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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