novation meaning in Urdu
تجدید
/noʊˈveɪʃən/
novation in Urdu: تجدید. 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.
Urdu words for novation
- تجدید
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 Urdu
- What is the meaning of novation in Urdu?
- Novation in Urdu is تجدید.
- novation کا اردو میں کیا مطلب ہے؟
- Novation: تجدید.
- 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
Urdu words from Urdu Wiktionary: novation (page history and authors). English meanings adapted from Wiktionary: novation (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the Urdu 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 Urdu.” Word.ws, https://word.ws/urdu/novation. Based on Wiktionary, CC BY-SA 4.0.