Novation

Novation - The concept of Novation refers to the substitution of a new contract or obligation for an existing one, with the mutual agreement of all parties involved, resulting in the discharge of the original obligation.

Class Information

Identification

Label (rdfs)
Novation
Preferred Label
None
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

Definition
The concept of Novation refers to the substitution of a new contract or obligation for an existing one, with the mutual agreement of all parties involved, resulting in the discharge of the original obligation.
Examples
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Translations

es-es
Novación
es-mx
Novación
de-de
Novation
en-gb
Novation
fr-fr
Novation
pt-br
Novação
he-il
נובציה
hi-in
नोवेशन
ja-jp
ノベーション
zh-cn
转让

Class Relationships

Parent Class Of
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Is Defined By
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See Also
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Additional Information

Comment
N/A
Description
N/A
Notes
  • N/A
Deprecated
False

Metadata

History Note
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Editorial Note
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In Scheme
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Source
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Country
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