Definition of Novation

Noun: novation  now'vey-shun

  1. (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

See also:
novate
novations

Anagrams containing the word novation

nioaotvn nnovatio onnovati ionnovat tionnova ationnov vationno ovationn