NOVATION

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NOUN
  • Definition - 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.
  • Definition - A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
Words in your word
8 Letter Words
novation 11
7 Letter Words
ovation 10
6 Letter Words
anoint 6 nation 6 notion 6
5 Letter Words
avion 8 anion 5 niton 5 onion 5
4 Letter Words
nova 7 vain 7 vina 7 vino 7 vita 7 anon 4 anti 4 into 4 iota 4 nano 4 naoi 4 nona 4 noon 4 nota 4 onto 4 tain 4 tian 4 toon 4
3 Letter Words
avo 6 nav 6 ova 6 tav 6 van 6 vat 6 via 6 vin 6 ain 3 ait 3 ani 3 ant 3 inn 3 ion 3 nan 3 nit 3 noo 3 not 3 oat 3 ono 3 oot 3 tan 3 tao 3 tin 3 ton 3 too 3
2 Letter Words
ai 2 an 2 at 2 in 2 it 2 na 2 no 2 oi 2 on 2 ta 2 ti 2 to 2
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