1. The act of nullifying, voiding, or terminating a previously established agreement or contract between two or more parties
The cancelamento do acordo was due to breach of contract by one of the parties.
O cancelamento do acordo foi devido ao descumprimento do contrato por uma das partes.
2. Legal dissolution of binding terms and obligations stipulated in an agreement
After negotiations failed, they proceeded with the cancelamento do acordo.
Após as negociações falharem, procederam com o cancelamento do acordo.