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novation

Syllabification: (no·va·tion)
Pronunciation: /nōˈvāSHən/
Definition of novation

noun

Law
  • the substitution of a new contract in place of an old one.

Derivatives

novate

Pronunciation: /ˈnōvāt, nōˈvāt/
verb

Origin:

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

novation in other Oxford dictionaries

Definition of novation in the British & World English dictionary

Nearby words

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/ enˈjam(b)mənt /
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