verb (used with object), canceled, canceling or (especially British) cancelled, cancelling.
to make void; revoke; annul: to cancel a reservation.
to decide or announce that a planned event will not take place; call off: to cancel a meeting.
to mark or perforate (a postage stamp, admission ticket, etc.) so as to render invalid for reuse.
to neutralize; counterbalance; compensate for: His sincere apology canceled his sarcastic remark.
to close (an account) by crediting or paying all outstanding charges: He plans to cancel his account at the department store.
to eliminate or offset (a debit, credit, etc.) with an entry for an equal amount on the opposite side of a ledger, as when a payment is received on a debt.
Mathematics. to eliminate by striking out a factor common to both the denominator and numerator of a fraction, equivalent terms on opposite sides of an equation, etc.
to cross out (words, letters, etc.) by drawing a line over the item.
Printing. to omit.
verb (used without object), canceled, canceling or (especially British) cancelled, cancelling.
to counterbalance or compensate for one another; become neutralized (often followed by out ): The pros and cons cancel out.
Mathematics. (of factors common to both the denominator and numerator of a fraction, certain terms on opposite sides of an equation, etc.) to be equivalent; to allow cancellation.
an act of canceling.
Printing, Bookbinding.
a replacement for an omitted part.

1350–1400; Middle English cancellen < Medieval Latin cancellāre to cross out, Latin: to make like a lattice, derivative of cancellī grating, plural of cancellus; see cancellus

cancelable; especially British, cancellable, adjective
canceler; especially British, canceller, noun
recancel, verb (used with object), recanceled, recanceling or (especially British) recancelled, recancelling.
self-canceled, adjective
self-cancelled, adjective
uncancelable, adjective
uncanceled, adjective
uncancellable, adjective
uncancelled, adjective

1. countermand, rescind. 3, 7. Cancel, delete, erase, obliterate indicate that something is no longer to be considered usable or in force. To cancel is to cross something out by stamping a mark over it, drawing lines through it, or the like: to cancel a stamp, a word. To delete is to cross something out from written matter or from matter to be printed, often in accordance with a printer's or proofreader's symbol indicating the material is to be omitted: to delete part of a line. To erase is to remove by scraping or rubbing: to erase a capital letter. To obliterate is to blot out entirely, so as to remove all sign or trace of: to obliterate a record. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To canceller
World English Dictionary
cancel (ˈkænsəl)
vb (usually foll by out) , (US) -cels, -celling, -celled, -cels, -celing, -celed
1.  to order (something already arranged, such as a meeting or event) to be postponed indefinitely; call off
2.  to revoke or annul: the order for the new television set was cancelled
3.  to delete (writing, numbers, etc); cross out: he cancelled his name and substituted hers
4.  to mark (a cheque, postage stamp, ticket, etc) with an official stamp or by a perforation to prevent further use
5.  to counterbalance; make up for (a deficiency, etc): his generosity cancelled out his past unkindness
6.  a.  to close (an account) by discharging any outstanding debts
 b.  (sometimes foll by out) accounting to eliminate (a debit or credit) by making an offsetting entry on the opposite side of the account
7.  maths
 a.  to eliminate (numbers, quantities, or terms) as common factors from both the numerator and denominator of a fraction or as equal terms from opposite sides of an equation
 b.  (intr) to be able to be eliminated in this way
8.  a new leaf or section of a book replacing a defective one, one containing errors, or one that has been omitted
9.  a less common word for cancellation
10.  music a US word for natural
[C14: from Old French canceller, from Medieval Latin cancellāre, from Late Latin: to strike out, make like a lattice, from Latin cancellī lattice, grating]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

late 14c., "cross out with lines," from Anglo-Fr. canceler, from L. cancellare "to make resemble a lattice," which in L.L. took on a sense "cross out something written" by marking it with crossed lines, from cancelli, pl. of cancellus "lattice, grating," dim. of cancer "crossed bars, lattice," a var.
of carcer "prison." Figurative use, "to nullify an obligation" is from mid-15c. Related: Canceled (also cancelled); cancelling.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences for canceller
The auditor gives the preclear the canceller word very good.
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