ukidati

1. (of a law, tax, measure) to abolish; to lift
   Vlada postepeno ukida vanredne mere. — The government is gradually lifting the emergency measures.
   Mnoge zemlje ukidaju vize za naše građane. — Many countries are abolishing visas for our citizens.
2. (of a service, route, job) to discontinue; to cut
   Gradski prevoz ukida nekoliko noćnih linija. — City transport is cutting several night routes.
   Firma ukida radna mesta zbog krize. — The company is cutting jobs because of the crisis.
3. (of a court ruling) to overturn; to quash
   Viši sud često ukida takve presude. — The higher court often overturns such verdicts.

The perfective is ukinuti; for cancelling a meeting or an order, otkazivati is usually used.