Novation Definition

nō-vāshən
noun
The substitution of a new obligation or contract for an old one by the mutual agreement of all parties concerned.
Webster's New World
In contract law, the replacement of an old obligation with a new one.
Webster's New World Law

Origin of Novation

  • Late Latin novātiō novātiōn- from Latin a renewing from novātus past participle of novāre to make new from novus new newo- in Indo-European roots

    From American Heritage Dictionary of the English Language, 5th Edition

  • Latin novatio < novus (“new"). Compare novel, novelty.

    From Wiktionary

Find Similar Words

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Words Starting With

NNONOV

Words Ending With

NONION

Unscrambles

novation

Words Starting With N and Ending With N

Starts With N & Ends With NStarts With NO & Ends With NStarts With N & Ends With ON

Word Length

8 Letter Words8 Letter Words Starting With N8 Letter Words Ending With N