| 单词 | novation |
| 释义 | novation novation The replacement of one legal agreement by a new obligation, with the agreement of all the parties. For example, on financial exchanges using a clearing house, transactions between members are novated so that matching contracts are created between the buyer and the clearing house and between the clearing house and the seller (seecounterparty risk). |
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英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。