Crossword clues for novation
The Collaborative International Dictionary
Novation \No*va"tion\, n. [L. novatio; novus new: cf. F. novation.]
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Innovation. [Obs.]
I shall easily grant that novations in religion are a main cause of distempers in commonwealths.
--Laud. (Law) A substitution of a new debt for an old one; also, the remodeling of an old obligation; debt restructuring.
Douglas Harper's Etymology Dictionary
"replacement of an old obligation by a new one," 1530s, from Latin novationem (nominative novatio) "a making new, renewal," noun of action from past participle stem of novare "make new," from novus "new" (see new).
Wiktionary
n. 1 (context legal English) Replacement of a contract with one or more new contracts, in particular in financial markets the replacement of a contract between a particular buyer and seller with contracts between the clearing house and each party. 2 (context legal English) A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
WordNet
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
Wikipedia
Novation, in contract law and business law, is the act of either:
- replacing an obligation to perform with another obligation; or
- adding an obligation to perform; or
- replacing a party to an agreement with a new party.
"Novation" is the fifth episode of the fourth season of the Fox science fiction drama television series Fringe, and the series' 70th episode overall. In the episode, the Fringe team of the alternate timeline deal with the ramifications of Peter Bishop's return.
The episode was co-written by J.R. Orci and Graham Roland, while Paul Holahan served as the director. It first aired on November 4, 2011 in the United States to an estimated 3.28 million viewers.
Novation may refer to:
- Novation, a legal term in contract and business law
- Novation Digital Music Systems, the keyboard manufacturer
- Novation CAT, a defunct early modem manufacturer
- Novation (Fringe), an episode of the Fringe television series
- Novatian, the third century Roman bishop and theologian
- Novation Supernova synthesizer
Usage examples of "novation".
He might not have expected to be impressed with Novation, but, almost against his will, he was.
At Novation he was met by a flustered young man, no more than twentythree, in jeans, leather sweater, and the wiquitous sneakers set with tiny flashing mirrors.
He owned a piece of Novation, yes, but he owned pieces of a lot of outposts where the front shifted abruptly and unpredictably.
Sanderson said, with such relief in his voice that Allan decided he better go to Novation himself after all.
That ye suspend and forbear the practice of all novations already introduced in the matters of the worship of God, or approbation of the corruptions of the public government of the kirk, or civil places and power of kirkmen, till they be tried and allowed in free assemblies and in parliaments.
Because such ills has followed upon these novations, therefore we think it meet now to forbear the practice of them till they be tried by Assembly and Parliament.