/tə ˈkænsəl ə ˈkɒntrækt/ – Phrase
Definition: hủy bỏ hợp đồng.
A more thorough explanation: To cancel a contract means to terminate or revoke a legally binding agreement between two or more parties, rendering it null and void. This action may be taken due to various reasons, such as a breach of contract, mutual agreement, or other legal grounds specified in the contract itself or by applicable laws.
Example: The parties agreed to terminate the contract due to a material breach by one of the parties.