Translation of "novation" into Italian

novazione is the translation of "novation" into Italian.

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-Italian dictionary

  • novazione

    noun feminine

    The single net amounts fixed by contracts for novation, rather than the gross amounts involved, may be weighted.

    Si può procedere alla ponderazione dei singoli importi netti stabiliti dal contratto di novazione anziché degli importi lordi.

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