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novation
[ noh-vey-shuhn ]
noun
- Law. the substitution of a new obligation for an old one, usually by the substitution of a new debtor or of a new creditor.
- the introduction of something new; innovation.
novation
/ ²Ôəʊˈ±¹±ðɪʃə²Ô /
noun
- law the substitution of a new obligation for an old one by mutual agreement between the parties, esp of one debtor or creditor for another
- an obsolete word for innovation
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˜yÐÄvlog History and Origins
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˜yÐÄvlog History and Origins
Origin of novation1
C16: from Late Latin ²Ô´Ç±¹Äå³Ùio a renewing, from Latin ²Ô´Ç±¹Äå°ù±ð to renew
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Example Sentences
Examples have not been reviewed.
Another is “novationâ€, where an existing contract is transferred to a different legal entity.
From
This was the formal and particular enactment of the principle laid down two generations earlier, when in 1639 the Church, disturbed by the Brownists, had ordained that "no novation in worship should be suddenly enacted."
From
We have heard before from Spotswood, that novations in a church, even in the smallest things, are dangerous.
From
Strange ones, and fit for a novation; Waightie, unheard of, mischievous enough.
From
Is it a respect to the novations already come into Scotland?
From
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