novations

[US]/nəʊˈveɪʃənz/
[UK]/noʊˈveɪʃənz/

Translation

n.the act of replacing something with a new version; the renewal of a bond or contract

Phrases & Collocations

contract novations

novations process

novations agreement

successful novations

novations clause

novations rules

novations policy

novations terms

novations framework

novations procedures

Example Sentences

there were several novations in the contract that we needed to discuss.

novations can often complicate the original agreement.

the novations were finalized after much negotiation.

understanding novations is crucial for contract management.

we need to ensure that all novations are documented properly.

novations can lead to new responsibilities for the parties involved.

in finance, novations are common in derivatives trading.

we discussed the implications of novations during the meeting.

each novation requires careful consideration of the risks involved.

novations must be agreed upon by all parties to the contract.

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