What is CANCEL? Definition of CANCEL in Black's Law Dictionary – Legal dictionary – Glossary of legal terms.
To obliterate; to strike or cross out; to destroy the effect of an instrument by defacing, obliterating, expunging, or erasing it; to revoke or recall. Ellsworth College v. Carleton, 178 Iowa 845, 160 N.W. 222, 223; Reliance Life Ins. Co. v. Thayer, 84 Okl. 238, 203 P. 190, 192. To annul or destroy, make void or invalid, or set aside. Irwin v. State Brokerage Co., 82 Ind.App. 687, 147 N.E. 531, 532; In re Crawford's Will, 80 Misc. 615, 142 N.Y.S. 1032, 1033; Clegg v. Schvaneveldt, 79 Utah 195, 8 P.2d 620, 621. To rescind or abandon. Pearson v. Brown, 27 Cal.App. 125, 148 P. 956, 958. To repeal, surrender, or waive. Greib v. Dullea, 66 Cal.App.2d 986, 153 P.2d 581, 590. To terminate. Schwartz v. Van Winkle, Sup., 47 N.Y.S.2d 264,265.
The term is sometimes equivalent to "discharge" or "pay." Auburn City Bank v. Leonard, 40 Barb., N.Y., 119; Debes v. Texas Nat. Bank of Beaumont, Tex.Civ.App., 92 S.W.2d 476, 479.
Courts of equity frequently cancel instruments which have answered the end for which they were created, or instruments which are void or voidable, ii order to prevent them from being vexatiously used against the person apparently bound by them. Snell, Eq. 498.
See Cancellation.
More on This Topic: CESSAVIT PER BIENNIUM
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That's the definition of CANCEL in Black's Law Dictionary – Legal dictionary – Glossary of legal terms. Courtesy of Cekhukum.com.
