Explanation and meaning of novation.

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novation

/noʊ'veɪʃən/

Synonyms of novation Antonyms of novation Examples of novation Usage of novation Parts of novation Definition that contains novation Words sounding like novation Explanation of novation

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
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type of:
replacement replacing

Explanation of novation

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