"Cancellation charges" refers to the fees or costs that someone has to pay if they cancel a reservation, booking, or contract before the agreed-upon date or time. Full definition
Your failure to pay the balance in these circumstances could result in cancellation charges of up to 100 % of the final invoice. (vjv.com)
Please notify us at least 48 business hours before your appointment to avoid cancellation charge. (soulphysio.ca)
For this reason, we recommend that you purchase a travel protection plan at the time of booking, as this will cover trip cancellation charges in certain circumstances. (adventure-life.com)