- novation as a noun:
- 1
novation
noun
1 novation
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.
Roget 609: choice, option; discretion etc. (volition) 600; preoption†; alternative; dilemma, embarras de choix [Fr.]; adoption, cooptation†; novation†; decision ... show more
Dutch: Novation
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