novation artinya
novasi
/noʊˈveɪʃən/
novation in Indonesian: novasi. In English, novation means 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.
Indonesian words for novation
- replacement contract
- novasi
- new contract
- novasi
English meaning of novation
- noun 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.
- noun A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
novation in a sentence
- An example of a novation is where an original debt which was payable in two instalments is novated to become payable in five installments.
novation in other languages
Questions about novation in Indonesian
- What is the meaning of novation in Indonesian?
- Novation in Indonesian is novasi.
- Apa arti novation?
- Novation: novasi.
- What does novation mean in English?
- Novation means 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.
Source and license
Adapted from Wiktionary: novation (page history and authors), its translation table and English meanings. Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the Indonesian words and English meanings and added links. Wiktionary data of 2026-09-02.
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Pronunciation audio from Wikimedia Commons, each file under its own free license: LL-Q1860 (eng)-Neøn-novation.wav.
Cite this page: “novation meaning in Indonesian.” Word.ws, https://word.ws/indonesian/novation. Based on Wiktionary, CC BY-SA 4.0.