Novation
/noʊˈveɪʃən/
Last Updated: January 2, 2026 at 12:30 PM
Scrabble:11 ptsWWF:14 pts8 letters
Definition of Novation
noun
- 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.
- A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
Anagrams of Novation
Words You Can Make
48 words can be made from the letters in "novation":