Contract cancellation refers to the termination or ending of a legally binding agreement between two or more parties. It means that the contract, which may include terms and obligations, will no longer be valid or enforced. Full definition
Some carriers do charge cell phone contract cancellation fee. (myfinancekits.com)
Existing - home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly. (nar.realtor)
WASHINGTON (July 20, 2011)- Existing - home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of Realtors ®. (nar.realtor)