Cancel Legal Meaning and Definition

Here is a simplified definition of the legal term Cancel.

Cancel (verb): To cancel means to officially decide that a legally binding agreement, order, or promise will no longer be in effect. This could involve crossing out a document, withdrawing an order, or making an official statement that something is no longer valid. For example, a check can be cancelled by crossing it and marking it as 'cancelled.' This restores the situation to how it was before the agreement, order, or promise was made.