erase vs cancel

erase is not a noun while cancel is a noun.

Word	Noun	Adjective	Verb	Adverb
erase	No	No	Yes	No
cancel	Yes	No	Yes	No

As verbs, cancel is a hypernym of erase; that is, cancel is a word with a broader meaning than erase:

Other hypernyms of erase include delete.

erase (noun)	cancel (noun)
	a notation cancelling a previous sharp or flat

erase (verb)	cancel (verb)
remove from memory or existence	make invalid for use
wipe out digitally or magnetically recorded information	remove or make invisible
remove by or as if by rubbing or erasing	declare null and void; make ineffective
	postpone indefinitely or annul something that was scheduled
	make up for