
1) Business law 2) Innovation 3) Replacement 4) Replacing
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https://www.crosswordclues.com/clue/novation

1) Choice
Found on
https://www.crosswordclues.com/clue/novation

n. agreement of parties to a contract to substitute a new contract for the old one. It extinguishes (cancels) the old agreement. A novation is often used when the parties find that payments or performance cannot be made under the terms of the original agreement, or the debtor will be forced to default or go into bankruptcy unless the debt is restru...
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http://dictionary.law.com/Default.xhtml?selected=1355

In contract law and business law, `novation` is the act of either: In contrast to an assignment, which is valid so long as the obligee (person receiving the benefit of the bargain) is given notice, a novation is valid only with the consent of all parties to the original agreement: the obligee must consent to the replacement of the original oblig.....
Found on
http://en.wikipedia.org/wiki/Novation

substitution of a new obligation for an existing one
Found on
http://phrontistery.info/n.html

• (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/novation/

Defeasance whereby the firm`s debt is cancelled.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm

Defeasance whereby the firm's debt is canceled.
Found on
http://www.encyclo.co.uk/local/20047

(In topic `Knowledge, Document, Workflow & Content Management`) Cimage NovaSoft`s EDMS application that includes workflow, document and content management.
Found on
http://www.encyclo.co.uk/local/20477

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.encyclo.co.uk/local/20550

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.encyclo.co.uk/local/20965

A contract agreed upon by the concerned parties to replace an old contract with a new one which terminates the old contract.It is done to improvise on the performance level and change the payment strategy or the debtor will be forced to go bankrupt.It is a solution to pay off the debts.*
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http://www.encyclo.co.uk/local/21213

Defeasance whereby the firm's debt is cancelled.
Found on
http://www.encyclo.co.uk/local/22402
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...
Found on
http://www.encyclo.co.uk/webster/N/37

The technical term for the process whereby trades on a futures exchange between clearing members are taken over by the clearing house.
Found on
http://www.metalbulletin.com/Glossary.html

The voluntary substitution of a new contract for an old one, usually to change the parties, duties, or payment terms.
Found on
http://www.nolo.com/dictionary/novation-term.html

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. Â Novation can also mean the substitution of an existing contract by a new one between the same parties.
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http://www.own-it.org/knowledge/glossary-of-ip-terms

[
n] - (law) the replacement of one obligation by another by mutual agreement of both parties
Found on
http://www.webdictionary.co.uk/definition.php?query=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
https://www.encyclo.co.uk/local/20974

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.
Found on
https://www.infoplease.com/dictionary/novation
No exact match found.