flat cancellation
The cancellation of an insurance policy without any charge to the insured. [Cases: Insurance 1933.]
The cancellation of an insurance policy without any charge to the insured. [Cases: Insurance 1933.]
cancellation, n. 1. The act of defacing or obliterating a writing (as by marking lines across it) with the intention of rendering it void. 2. An annulment or termination of a promise or an obligation. [Cases: Cancellation of Instru-ments 1; Contracts 249. C.J.S. Cancellation of Instruments; Rescission §§ 2–7; Contracts §§ 422, 424, 427–428, 456,