novation

No*va"tion, n. Etym: [L. novatio; novus new: cf. F. novation.] 1. Innovation. [Obs.] I shall easily grant that novations in religion are a main cause of distempers in commonwealths. Laud. 2. (Law) Defn: A substitution of a new debt for an old one; also, the remodeling of an old obligation.

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