释义 |
cancellation n. 1. (in equity) An order by the court that specified documents should no longer have effect. This may occur when a document has fulfilled its purpose but its continued existence could lead to improper claims against its maker. 2. (in commercial law) The right to cancel a commercial contract after it has been entered into. The right to cancel exists generally for contracts concluded at a distance (see distance selling), such as mail order and Internet sales when the contract is with a consumer, and in particular in such sectors as time-share sales and consumer credit. The term is generally not used to mean “termination” but rather the bringing of the contract to an end almost as soon as it is formed. |