diff --git a/src/wallet/mod.rs b/src/wallet/mod.rs
index 273b5f6f..aa0df8c4 100644
--- a/src/wallet/mod.rs
+++ b/src/wallet/mod.rs
@@ -2093,11 +2093,11 @@ impl Wallet {
             .0
     }
 
-    /// Informs the wallet that you no longer intend to broadcast a tx that was built from it.
+    /// Unreserves the change address used in a transaction that will not be broadcast.
     ///
     /// This frees up the change address used when creating the tx for use in future transactions.
     // TODO: Make this free up reserved utxos when that's implemented
-    pub fn cancel_tx(&mut self, tx: &Transaction) {
+    pub fn unreserve_change_address(&mut self, tx: &Transaction) {
         let txout_index = &mut self.indexed_graph.index;
         for txout in &tx.output {
             if let Some((keychain, index)) = txout_index.index_of_spk(txout.script_pubkey.clone()) {
diff --git a/tests/wallet.rs b/tests/wallet.rs
index c779c0a4..a67728fb 100644
--- a/tests/wallet.rs
+++ b/tests/wallet.rs
@@ -2801,7 +2801,7 @@ fn test_tx_cancellation() {
         .unwrap();
     assert_eq!(change_derivation_2, (KeychainKind::Internal, 1));
 
-    wallet.cancel_tx(&psbt1.extract_tx().expect("failed to extract tx"));
+    wallet.unreserve_change_address(&psbt1.extract_tx().expect("failed to extract tx"));
 
     let psbt3 = new_tx!(wallet);
     let change_derivation_3 = psbt3
@@ -2821,7 +2821,7 @@ fn test_tx_cancellation() {
         .unwrap();
     assert_eq!(change_derivation_3, (KeychainKind::Internal, 2));
 
-    wallet.cancel_tx(&psbt3.extract_tx().expect("failed to extract tx"));
+    wallet.unreserve_change_address(&psbt3.extract_tx().expect("failed to extract tx"));
 
     let psbt3 = new_tx!(wallet);
     let change_derivation_4 = psbt3