The Collaborative International Dictionary of English v.0.48:

Cancel \Can"cel\, v. i. [imp. & p. p. Canceled or Cancelled;
   p. pr. & vb. n. Canceling or Cancelling.] [L. cancellare
   to make like a lattice, to strike or cross out (cf. Fr.
   canceller, OF. canceler) fr. cancelli lattice, crossbars,
   dim. of cancer lattice; cf. Gr. ? latticed gate. Cf.
   Chancel.]
   1. To inclose or surround, as with a railing, or with
      latticework. [Obs.]
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            A little obscure place canceled in with iron work is
            the pillar or stump at which . . . our Savior was
            scourged.                             --Evelyn.
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   2. To shut out, as with a railing or with latticework; to
      exclude. [Obs.] "Canceled from heaven." --Milton.
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   3. To cross and deface, as the lines of a writing, or as a
      word or figure; to mark out by a cross line; to blot out
      or obliterate.
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            A deed may be avoided by delivering it up to be
            cancelled; that is, to have lines drawn over it in
            the form of latticework or cancelli; though the
            phrase is now used figuratively for any manner of
            obliterating or defacing it.          --Blackstone.
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   4. To annul or destroy; to revoke or recall.
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            The indentures were canceled.         --Thackeray.
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            He was unwilling to cancel the interest created
            through former secret services, by being refractory
            on this occasion.                     --Sir W.
                                                  Scott.
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   5. (Print.) To suppress or omit; to strike out, as matter in
      type.
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   Canceled figures (Print), figures cast with a line across
      the face., as for use in arithmetics.

   Syn: To blot out; obliterate; deface; erase; efface; expunge;
        annul; abolish; revoke; abrogate; repeal; destroy; do
        away; set aside. See Abolish.
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