Law. The substitution of a new debtor, creditor, contract, etc., for an old one; spec. (in the law of contract) the assignment by agreement…
| 单词 | θ177246 |
| 释义 | society > law > legal obligation > [noun] > transfer or replacement of obligation (6) novation1543 Law. The substitution of a new debtor, creditor, contract, etc., for an old one; spec. (in the law of contract) the assignment by agreement… transcription1677 Roman Law. A transfer, assignment (of a debt or obligation); = Latin transcriptio. subrogation1704 Law. The substitution of one party by another, esp. in respect of a debt or insurance claim, accompanied by the transfer of any associated rights… substitution1803 Law. The action of putting one creditor in place of another, transferring any associated rights and duties. Cf. subrogation, n. 3. innovation1861 spec. in Scots Law. The alteration of an obligation; the substitution of a new obligation for the old: see quot. 1861. expensilation1875 A process by which an existing cause of debt was merged in a new formal obligation (compare the English ‘account stated’, and the contract of… |
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