noun
: the assumption under Roman or civil law of a liability for a debt or obligation by the substitution of a new debtor or obligor for the old one : an expromission that resembles common-law novation
noun
: the assumption under Roman or civil law of a liability for a debt or obligation by the substitution of a new debtor or obligor for the old one : an expromission that resembles common-law novation
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012