cancellation law


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cancellation law

[kan·sə′lā·shən ‚lȯ]
(mathematics)
A rule which allows formal division by common factors in equal products, even in systems which have no division, as integral domains; ab = ac implies that b = c.
References in periodicals archive ?
5640 contains provisions that clarify the private mortgage insurance (PMI) cancellation law regarding treatment of PMI termination and cancellation rights for adjustable-rate mortgages, balloon mortgages and modified loans.
July 28 /PRNewswire/ -- "The Homeowners Protection Act, also known as the private mortgage insurance cancellation law, takes effect July 29.
A section of the site on canceling mortgage insurance once it is no longer needed explains how a new federal cancellation law works.