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novate::verb | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | replace |
| Derivation | novation |
Examples of novate
novate
After two parties enter into an OTC trade together, they novate, or more colloquially, move their trades to the CCP.
From the theatlantic.com
Connaught's administrator KPMG has announced that it will novate Connaught's contracts to other providers, including Morgan Sindell's affordable housing arm, Lovell.
From the guardian.co.uk
