What is Canc-elation?
1.
The combined feeling of happiness and relief one feels when a meeting/appointment/call that one was dreading, but didn't have the courage to cancel oneself, ends up being cancelled by the other person.
My sister's cousin's brother-in-law just cancelled the lunch appointment where I was supposed to help him with his new start-up business idea, and now I'm feeling canc-elation!
See