feminine noun
1. (act of cancelling) 
Por suerte, la cancelación de la reserva de mi hotel es gratuita.Luckily the cancellation of my hotel booking is free of charge.
2. (finance) 
a. payment 
Una vez hecha la cancelación de la deuda, no tendrás que volver a preocuparte.Once payment of the debt has been made, you won't have to worry any more.
La empresa negociará la cancelación de la deuda porque no tiene dinero suficiente.The company will negotiate settlement of the debt because it doesn't have enough money.
1. (anulación) 
a. cancellation 
2. (de deuda) 
a. payment, settlement 
cancellation; (Informática) deletion;
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