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Definition of Novation
1. Noun. (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.
Generic synonyms: Replacement, Replacing
Category relationships: Jurisprudence, Law
Derivative terms: Novate
Category relationships: Jurisprudence, Law
Derivative terms: Novate
Definition of Novation
1. n. Innovation.
Definition of Novation
1. the substitution of a new legal obligation for an old one [n -S]
Lexicographical Neighbors of Novation
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