[{"word":"novations","phonetics":[],"meanings":[{"partOfSpeech":"noun","definitions":[{"definition":"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.","synonyms":[],"antonyms":[]},{"definition":"A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.","synonyms":[],"antonyms":[]}],"synonyms":[],"antonyms":[]}],"license":{"name":"CC BY-SA 3.0","url":"https://creativecommons.org/licenses/by-sa/3.0"},"sourceUrls":["https://en.wiktionary.org/wiki/novation","https://en.wiktionary.org/wiki/novations"]}]