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The meaning of Novation

nəʊˈveɪʃən

Novation – definition

noun

The substitution of a new contract in place of an old one.

Usage examples:

The trial judge found that novation could not stand - he disregarded it.
noun

A situation in which all the parties to a contract (= everyone involved in it) agree that a person named in the contract can be changed for another person, or agree to changes in its conditions

Usage examples:

The most important fact to note is that novation requires the consent or acceptance of all parties …

Novation translation into English

Novation: translate from English into Chinese

Translate novation into Chinese (Simplified)}
创新

Novation: translate from English into Dutch

Translate novation into Dutch}
Novatie, Nieuwigheid

Novation: translate from English into French

Translate novation into French}
Novation

Novation: translate from English into German

Translate novation into German}
Neuheit

Novation: translate from English into Hindi

Translate novation into Hindi}
नवीनता, नई पद्धति, नवाचार, नवीकरण, नवीयन

Novation: translate from English into Italian

Translate novation into Italian}
Novazione

Novation: translate from English into Korean

Translate novation into Korean}
갱신, 채무 등의 갱신, 계약 등의 갱신

Novation: translate from English into Russian

Translate novation into Russian}
Новация, Нововведение, Новшество

Novation: translate from English into Spanish

Translate novation into Spanish}
Innovación

Word origin

early 16th century: from late Latin novatio(n- ), from the verb novare ‘make new’.

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Novation – similar words

novate

nəˈveɪt

verb

Replace with a new contract.

Usage examples:

The loan agreement has been novated
verb

To replace a contract (= a legal agreement) with a new contract

Usage examples:

If you leave your present job, you can novate the car lease to your next employer, so the vehicle r…
All meanings and translations of Novate

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