Cancellation (noun)

1. The act of canceling something, such as a reservation, appointment, or event.
2. The process of annulling or making something void.

Origin:

Late 14c., from old french cancelacion (14c.) or directly from latin cancellationem (nominative cancellatio) a crossing out, from cancellare to cancel, cross out, from cancellus latticed, dim. of cancer lattice, grating, from pie root *qanq- "to make a grid, lattice".

Examples:

1. The concert was cancelled due to the bad weather.
2. We had to make a cancellation on our hotel reservation.
3. The cancellation of the flight caused a lot of inconvenience.
4. The cancellation of the event was announced on social media.
5. Due to technical issues, the meeting was cancelled and rescheduled.