| NOUN | act | novation | (law) the replacement of one obligation by another by mutual agreement of both parties |
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| Meaning | (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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| Category | law, jurisprudence | The collection of rules imposed by authority |
| Broader | replacement, replacing | The act of furnishing an equivalent person or thing in the place of another |
| Catalan | novació | |
| Verbs | novate | replace with something new, especially an old obligation by a new one |
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