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What does cancelable mean?

Looking for the meaning or definition of the word cancelable? Here's what it means.

Adjective
  1. (US) Alternative spelling of cancellable
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Examples
Others are not cancelable during the year's term of coverage, but the insurer may refuse to renew coverage for a subsequent year or may renew only at higher rates or under restrictive conditions.
There, Northwest will maintain a veto right, cancelable only if Northwest itself is taken over by another airline.
Bonds are not usually cancelable by the insurer, whereas most insurance contracts, except life, are cancelable by the insurer upon due notice.
I'd say that conversational implicatures should be those that are generated in roughly Gricean fashion, and that not all of these are cancelable.
The agreement is effective until July 31, 2019, cancelable if ExxonMobil provides at least 370 days advance written notice.
One piece of evidence supporting the implicature hypothesis is that the exclusive interpretation seems cancelable.

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