Look up: novation

1. 
   Novation
   Defeasance whereby the firm's debt is canceled.
   Found on http://www.nytimes.com/library/financial
   
   
2. 
   novation
   [n] - (law) the replacement of one obligation by another by mutual agreement of both parties
   Found on http://www.webdictionary.co.uk/definitio
   
   
3. 
   Novation
   (In topic `Knowledge, Document, Workflow & Content Management`) Cimage NovaSoft`s EDMS application that includes workflow, document and content management.
   Found on http://www.it-architects.co.uk/a_-_z_glo
   
   
4. 
   Novation
   Where an existing contract is substituted for a new contract. The terms of the contract may change and/or a new party may be added to the contract.
   Found on http://www.compactlaw.co.uk/legal_glossa
   
   
5. 
   novation
   an agreement to replace an existing policy with a new one or to replace one of the parties to an assurance policy with a different person,with the agreement of all concerned Category: Insurance
   Found on http://www.mijnwoordenboek.nl/definition
   
   
6. 
   Novation
   The substitution of one of the parties to a contract by another person, which releases the obligation of the former party and imposes it on the new one.  Novation can also mean the substitution of an existing contract by a new one between the same parties.
   Found on http://www.own-it.org/ipinfo/legalglossa
   
   
7. 
   Novation
   Is the release of liability on a loan to a first borrower, and the substitution of a next borrower with the lenders approval.
   Found on http://www.understandingforeclosure.info
   
   
8. 
   Novation
   No·va'tion noun [ Latin novatio ; novus new: confer French novation .] 1. Innovation. [ Obsolete] « 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.
   Found on http://www.encyclo.co.uk/webster/N/37
   
   
9. 
   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
   Found on http://wordnet.princeton.edu/perl/webwn?
   
   
10. 
    Novation
    `Novation` is a term used in contract law and business law to describe the act of either replacing an obligation to perform with a new obligation, or replacing a party to an agreement with a new party. In contrast to an Assignment , a novation must be agreed upon by all the parties to the original agreement . The obligee, the person receiving the benefit of the bargain, must only be given notice. The obligor, the party making the novation, must o...
    Found on http://en.wikipedia.org/wiki/Novation
    
    
11. 
    Novation
    Defeasance whereby the firm`s debt is cancelled.
    Found on http://www.duke.edu/~charvey/Classes/wpg
    
    
12. 
    Novation
    • (n.) Innovation. • (n.) A substitution of a new debt for an old one; also, the remodeling of an old obligation. • (n.) A substitution of a new debt for an old one; also, the remodeling of an old obligation. • (n.) Innovation.
    Found on http://thinkexist.com/dictionary/meaning
    
    
13. 
    Novation
    Defeasance that cancels a firm`s debt. Discover What It’s Like to Live Easy With EquiTrend
    Found on http://www.equitrend.com/glossary2645.as
    
    
14. 
    novation
    A novation is an agreement among the two contracting parties and a third party whereby all parties agree that this third party shall perform the duties of one of the original parties to the contract. For example, if a patient agrees that a new doctor may assume the duties of a prior doctor under an original contract, and the new doctor accepts the …
    Found on http://www.oenb.at/dictionary/termini.js
    
    
15. 
    novation
    satisfaction and discharge of existing contractual obligations by means of their replacement by new obligations (whose effect, for example, is to replace gross with net payment obligations). The parties to the new obligations may be the same as to the existing obligations or, in the context of some clearing house arrangements, there may additionall…
    Found on http://www.oenb.at/dictionary/termini.js
    
    
16. 
    novation
    The legal process of replacing the original counterparties and becoming the single counterparty for all participants is generally called novation.…
    Found on http://www.oenb.at/dictionary/termini.js