novate

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“
Or Obo will renew or novate a new contract to stymie this inconsistency.

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Definitions (2)

Toggle American Heritage definitions American Heritage Dictionary

Toggle Century definitions Century Dictionary (1)

  1. To make new; renovate; specifically, in law, to substitute a new obligation for an old one. See novation, 3. Non-statutory actions, or actions founded on the executive authority of the Praetor, are required to terminate within twelve months from their institution, and have no power at civil law of consuming or novating a right of action, but bar a subsequent action when pleaded by the exceptio rei judicatae. Poste, Gaius, p. xv.

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Examples (5)

  • Or Obo will renew or novate a new contract to stymie this inconsistency. —  The American Spectator
  • 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? —  Financial Sector and Stocks Analysis from Seeking Alpha
  • 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. —  Recently Uploaded Slideshows
  • Northrop Grumman Accepting Applications for TEAACH Summer Internship Program Photo R.lease -- Northrop Grumman Honored for Helping R.novate USO Downtown Center Photo R.lease -- Institute for e-Health Policy Names Northrop Grumman's Dennis R. Porter as Executive in R.sidence Northrop Grumman Wins FAA Contract to Improve Airport Safety On the Ground —  News
 

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This word has been looked up 11 times.

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Etymologies (1)

Toggle Century etymologies Century Dictionary (1)

  1. Latin novat (us), past participle of novare, make new, from novus, new.
 

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