Definition of Novate
1. Verb. Replace with something new, especially an old obligation by a new one.
Generic synonyms: Replace
Derivative terms: Novation
Definition of Novate
1. Verb. To replace something with something new ¹
2. Verb. (legal) To replace a debt or other obligation ¹
¹ Source: wiktionary.com
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Lexicographical Neighbors of Novate
Literary usage of Novate
Below you will find example usage of this term as found in modern and/or classical literature:
1. Roman Private Law in the Times of Cicero and of the Antonines by Henry John Roby (1902)
"... other creditors is lost, if the woman after divorce stipulate for her dowry, or the ward after puberty similarly novate his action against his guardian. ..."
2. Elementary Principles of the Roman Private Law by William Warwick Buckland (1912)
"Where the first was conditional and the second is simple there is no novation till the condition exists, as there was no debt to novate. ..."
3. Imperatoris Iustiniani Institutionum libri quattuor by Justinian, John Baron Moyle (1883)
"But two obligations are essential ; if there is not one to novate, the attempted novation is null ; if there is one to novate, ..."
4. A Treatise on the Bankruptcy Law of the United States by Harold Remington (1915)
"... not novate the debt nor merge it with other debts, or take from the debtor new obligations and securities therefor wholly due and payable to himself. ..."
5. The American State Reports: Containing the Cases of General Value and by Abraham Clark Freeman (1891)
"That the certificate shall not novate or affect the nature of the claim, but shall be simply an evidence of transferable ownership; 5. ..."
6. Cases on the Law of Agency by Floyd Russell Mechem (1893)
"The cause turns principally on the question whether the plaintiff conferred power on the defendant to novate the note, or, if he did not, whether he had ..."
7. Reports of Cases Argued and Determined in the Supreme Court of Louisiana by Louisiana Supreme Court, Merritt M. Robinson, Louisiana Court of Errors and Appeals (1846)
"... is due to the State, but not to receive any thing but money in payment of debts due to it, nor to extend the time of payment, or novate any debt. ..."