# Reversal (contra entry, correction entry; payment; cancellation; stop order)

- Canonical URL: https://www.gerhardmerk.de/reversal-contra-entry-correction-entry-payment-cancellation-stop-order-2
- Post ID: 591056
- Modified: 2023-07-25T21:13:20+00:00
- Language: en

## Definition

The cancellation of an entry item by an offsetting entry instead of crossing it out. - In older financial language, the settlement of a debt, also called cancellation. - The cancellation (rescission) of a contractual agreement in general and of an insurance contract in particular. - The revocation of an order to a broker to execute agreed transactions on. - See balancing entry, close-out, mistrade, stop order, cancellation quote, payment. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1