Home > Terms > English, UK (UE) > Cancellation penalty
Cancellation penalty
A monetary penalty that a company will apply to its clients when they (the clients) decide to cancel an already confirmed and paid for booking.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Travel
- Category: Air travel
- Company:
- Product:
- Acronym-Abbreviation:
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