Fetching details from the dictionary...

to stop; to abort; to discontinue; to close
雨が降ってきたので、試合を打ち切りました。
Since it started raining, we called off the game.
時間がないから、会議を打ち切ろう。
Since we don't have time, let's end the meeting.
人気がなくて、番組を打ち切った。
The show was canceled due to lack of popularity.