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Verb (used with object)
Accounting .
- to close (an account) by crediting or paying all outstanding charges
- He plans to cancel his account at the department store.
- to eliminate or offset (a debit, credit, etc.) with an entry for an equal amount on the opposite side of a ledger, as when a payment is received on a debt.
Verb (used without object)
Synonyms
verb
- abolish , abort , abrogate , annul , ax , black out , blot out , break , break off , countermand , cross out , cut , deface , delete , destroy , do away with , do in , efface , eliminate , eradicate , expunge , finish off * , go back on one’s word , kill , obliterate , off * , omit , quash , remove , render invalid , repeal , repudiate , rescind , revoke , rub out , scratch out , scrub * , sink * , smash , squash , stamp across , strike out , torpedo * , total * , trash * , trim * , undo , wash out * , wipe out * , wipe slate clean , x-out , zap * , balance out , call off , compensate for , counteract , counterbalance , countercheck , counterpoise , declare invalid , discard , discharge , frustrate , ignore , invalidate , make up for , negate , neutralize , nullify , offset , overthrow , put an end to , recall , recant , redeem , redress , refute , render inert , render null and void , retract , rule out , set aside , suppress , vacate , void , blot , cross , erase , rub , scratch , strike , wipe , x , annihilate , vitiate , abjure , dele , disavow , drop , end , remit , renounce , scrub , trash
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