Yes, cancel is a Scrabble word!
...and is worth 10 points in Scrabble, and 14 points in Words with Friends
cancel
Verb
1. Postpone indefinitely or annul something that was scheduled
2. Make up for
3. Declare null and void; make ineffective
4. Remove or make invisible
5. Make invalid for use
Noun
1. A notation cancelling a previous sharp or flat
What Scrabble words can I make with the letters in cancel?
5 Letter Words
4 Letter Words
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3 Letter Words
2 Letter Words