novation : Dictionary / Wörterbuch (BEOLINGUS, TU Chemnitz)

English Dictionary: novation	by the DICT Development Group
2 results for novation
From WordNet (r) 3.0 (2006) [wn]:
novation n (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
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Novation \No*va"tion\, n. [L. novatio; novus new: cf. F. novation.] 1. Innovation. [Obs.] I shall easily grant that novations in religion are a main cause of distempers in commonwealths. --Laud. 2. (Law) A substitution of a new debt for an old one; also, the remodeling of an old obligation.