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Cancel
(redirected from cancelable)

   Also found in: Dictionary/thesaurus, Legal, Idioms, Encyclopedia, Wikipedia 0.01 sec.
Cancel
To void an order to buy or sell from (1) the floor, or (2) the trader/salesperson's scope. In Autex, the indication still remains on record as having once been placed unless it is expunged.

Cancel Order
An instruction from an investor to a broker to cancel a previously made order that has not yet been filled. Cancel orders are made when an investor changes his/her mind about making a transaction and decides to make a different one or none at all. It is important to issue a cancel order, especially when the replacement transaction involves the same security. Otherwise, the broker may fill both orders, perhaps resulting in a loss.


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Cancelable Usenet spam is a single message sent to many Usenet spam is aimed at people who read newsgroups but rarely or never post and give their address away.
It is written for a period of one year with non-cancelable limits or up to two years for a policy with cancelable limits.
In addition, the term for this fee arrangement must be no longer than five years, including all renewal periods, and it must be cancelable by the facility without penalty or cause at the end of the third year.
 
 
 
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