from Wiktionary, Creative Commons Attribution/Share-Alike License
- v. To replace something with something new
- v. To replace a debt or other obligation
from The Century Dictionary and Cyclopedia
- To make new; renovate; specifically, in law, to substitute a new obligation for an old one. See novation, 3.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- v. replace with something new, especially an old obligation by a new one
Sorry, no etymologies found.
Customers, usually hedge funds, mostly use email to ask dealers for consent to "novate," a practice that is time-consuming and risky because dealers are obliged to read each email before making a decision.
You should be allowed to re-novate your own house though .... the Manitoba government believes that if you are smart enough to build on a flood plain, you are smart enough to re-build on a flood plain.
Upon closing of the transaction, QR Energy's sponsor will novate oil and natural gas derivative contracts to QR Energy.
Upon the closing of the transaction the seller will novate its natural gas contracts to GeoMet.
Or Obo will renew or novate a new contract to stymie this inconsistency.
The accounting impact of [novating] the underlying contracts in that business as that has occurred throughout the year results in accounting either earnings or losses as we [novate] those and we have stripped those out of operating earnings for the year.
The ﬁ rst is that while the technology is adap - tive-that is, carrying out particular functions that enhance survivor - ship-it is strongly mediated by the cognitive capacities of those homi - nins, who appear to have been limited at least in terms of their ability to in - novate and vary their productions.
· Identify, agree and novate any 3rd party contracts as agreed during contract negotiations.
Our client has defined a contract role to review service design, update SVAs and novate contracts where necessary for the migrated IT infrastructure.
If I were a bank, I would seek to novate all the in-the-money trades with Lehman and not the ones that are out-of-the-money, right?