NOVATION Definition & Meaning

novation

[noh-vey-shuhn]

Phonetic (Standard)IPA

noun

Law.��the substitution of a new obligation for an old one, usually by the substitution of a new debtor or of a new creditor.
the introduction of something new; innovation.

novation

/ ��əʊˈ��ɪʃə�� /

noun

law the substitution of a new obligation for an old one by mutual agreement between the parties, esp of one debtor or creditor for another
an obsolete word for innovation

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51�Թ� History and Origins

Origin of novation¹

1525–35; < Latin �ԴǱ��پ�ō��- (stem of �ԴǱ��پ�ō ) a renewing, equivalent to �ԴǱ�� ( us ) (past participle of �ԴǱ�� to renew, derivative of novus new ) + -��ō��- -ion

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51�Թ� History and Origins

Origin of novation¹

C16: from Late Latin �ԴǱ��io a renewing, from Latin �ԴǱ�� to renew

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Example Sentences

Examples have not been reviewed.

Another is “novation”, where an existing contract is transferred to a different legal entity.

From

This was the formal and particular enactment of the principle laid down two generations earlier, when in 1639 the Church, disturbed by the Brownists, had ordained that "no novation in worship should be suddenly enacted."

From

We have heard before from Spotswood, that novations in a church, even in the smallest things, are dangerous.

From

Strange ones, and fit for a novation; Waightie, unheard of, mischievous enough.

From

Is it a respect to the novations already come into Scotland?

From

novated lease Novato

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