Translation of "novation" into Greek

ανανέωση is the translation of "novation" into Greek.

novation noun grammar

(law) Replacement of a contract with one or more new contracts, in particular in financial markets the replacement of a contract between a particular buyer and seller with contracts between the clearing house and each party. [..]

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English-Greek dictionary

  • ανανέωση

    noun

    In that case, the novation occurs without the consent of the original debtor.

    Στην περίπτωση αυτή, δεν απαιτείται η συναίνεση του παλαιού οφειλέτη για την ανανέωση.

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