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How to pronounce “novation”
Hear “novation” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for novation
- Learning goal
- Practice the English pronunciation of novation with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (law) 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.
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A Deep Dive Into “novation”
Meaning
- [Noun]
- (law) 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.
- (law) A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
Practice Nearby Words
innovation, notation, reexchange, changeout, supplanting, swap out, refinancing, swapping, interchanging, interchange, switching, renegotiation, commutation, replacee, rollover, intersubstitution, interchangement, mutuation, rechange, reinvention, intermutation, hyperinnovation, change-over, switch, conversion, relocation, swapover, redisplacement, supersedure, changemaking, reloan, resubstitution, supplantation, interversion, changeover, adoption, rehashing, reintermediation, overreplacement, substitution, retrocession, transferal, restaffing, shakeup, rephasing, underreplacement, reconversion, reconfiguration, recharacterization, resecuritization, reformulation, superseding, reworking, reuse, reconsignment, relamping, redevelopment, change, renew, interconversion, shwopping, outplacement, replanting, bump, upgrade, reconfigurationism, remutualisation, neofunctionalisation, recasting, reassortment, recapitalization, refunctionalization, reception, tax swap, re-initiation, reorg, re-organization, rediversification, surrogation, rail replacement service, reprograming, removal, transactionalization, rehoming, repack, rebid, refunctioning, restructuration, chopping and changing, rework, loanshift, rearrangement, reshuffling, transflection, reissuance, re-org, transposition, cross-fertilization, reimplementation
Similar Sounds
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