1. Cancellation Fees or Charges: Some businesses may charge a fee for cancellations made within a certain timeframe or close to the scheduled date. This fee might be a percentage of the total cost or a flat rate.

2. Cancellation Deadline: There's often a deadline by which cancellations must be made to avoid any charges. For example, hotels might require a 24 or 48-hour notice prior to the check-in time to avoid fees.

3. Refund Policy: Details regarding refunds for cancellations can vary. Some businesses might offer a full refund if the cancellation is made within a specified period, while others may offer partial refunds or credit for future services.

4. Exceptions or Special Circumstances: Certain situations, such as emergencies or unavoidable circumstances, might be considered exceptions to the cancellation policy. Businesses might have provisions for these cases.

5. Communication Method: Specific guidelines about how cancellations should be communicated, such as via phone, email, or through an online portal.

6. No-Show Policy: Some businesses have policies in place for customers who don't show up without cancelling. They might charge a fee or have restrictions on future bookings.

It's essential for customers or clients to carefully read and understand the cancellation policy before making a reservation or purchasing a service or product. Likewise, businesses should ensure their policies are communicated clearly to avoid misunderstandings and disputes.

Remember, these policies can differ significantly between industries and individual businesses, so it's important to review the specific terms of the cancellation policy for the service or product you're dealing with.