precancels

/ˌpriːˈkænsəlz/
verb
  1. Cancels something (such as a postage stamp) before it is used or before the usual time.
    • The event organizer precancels the reservation if the deposit isn't paid on time.
    • The postal service precancels stamps for businesses that send large amounts of mail.
    • She precancels her magazine subscriptions before they auto-renew each year.
What does "precancels" mean? | whatsthatwordmean | whatsthatwordmean