novation

/noʊˈveɪʃən/
IPA guide

Other forms: novations

Definitions of novation
  1. noun
    (law) the replacement of one obligation by another by mutual agreement of both parties; usually the replacement of one of the original parties to a contract with the consent of the remaining party
    see moresee less
    type of:
    replacement, replacing
    the act of furnishing an equivalent person or thing in the place of another
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘novation'. Views expressed in the examples do not represent the opinion of gold-punch.com or its editors. Send us feedback
Word Family