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novation - (legislation) the replacement of 1 obligation by another by mutual agreement of both events; usually the replacement of one of several original events to the contract with the consent with the remaining party2. Just one that replaces another: The retiring supervisor's replacement will begin next month. The company sent a replacement with

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novation - (law) the replacement of 1 obligation by another by mutual agreement of both of those get-togethers; commonly the replacement of one of several original events to a deal with the consent in the remaining celebrationtwo. One particular that replaces another: The retiring manager's replacement will get started next thirty day period. The c

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