Cancelable definitions
| Word backwards | elbalecnac |
|---|---|
| Part of speech | cancelable is an adjective. |
| Syllabic division | can-ce-la-ble |
| Plural | The plural of the word "cancelable" is "cancelables." |
| Total letters | 10 |
| Vogais (2) | a,e |
| Consonants (4) | c,n,l,b |
When it comes to financial transactions, the concept of cancelable plays a significant role in providing flexibility and security for both parties involved. Cancelable refers to an agreement or contract that can be terminated or nullified under specific conditions outlined in the terms and conditions.
Cancelable Transactions
Cancelable transactions are often seen in various industries, including insurance, subscriptions, and online purchases. For example, in the case of a subscription service, customers may have the option to cancel their subscription at any time without incurring any penalties.
Benefits of Cancelable Contracts
One of the main benefits of cancelable contracts is that they offer peace of mind to consumers who may be hesitant to commit to a long-term agreement. The ability to cancel a contract provides a sense of control and ensures that consumers are not locked into a service or agreement that no longer meets their needs.
Flexible Terms
Another advantage of cancelable agreements is their flexibility. Businesses can attract more customers by offering cancelable options, as it allows consumers to test out a service or product without the fear of being bound by a long-term commitment.
In conclusion, cancelable contracts provide a valuable option for both consumers and businesses in today's fast-paced and ever-changing marketplace. By offering flexibility and security, cancelable agreements can help build trust and loyalty among customers while also promoting growth and innovation in various industries.
Cancelable Examples
- The hotel reservation was cancelable up to 24 hours before check-in.
- The online subscription service offers a cancelable membership at any time.
- The flight ticket was non-cancelable, leading to disappointment for the traveler.
- The event organizer made sure to have cancelable contracts with vendors in case of unforeseen circumstances.
- The software company introduced a cancelable payment plan for customers who wanted flexibility.
- The product warranty was cancelable within the first 30 days of purchase.
- The hotel offered cancelable room reservations for a small fee, giving guests peace of mind.
- The concert ticket was non-cancelable, causing frustration when the attendee couldn't make it to the show.
- The company policy stated that orders were cancelable within 24 hours of placement.
- The gym membership was cancelable with a written notice of at least 30 days.