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N_______
Definitions
The replacement of one legal obligation or party with another by agreement.
Word origin
Borrowed from Latin novātiō (“a renewing, rennovation”), from novō, from novus (“new”). Compare novel, novelty.
Used in a sentence
“A similar novation of infrastructure ownership was seen as a logical development for the operation of Merseyrail services. But this has remained with Network Rail, […].”
“An example of a novation is where an original debt which was payable in two instalments is novated to become payable in five installments.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer0 curated clues
No curated clues for novation yet.