noun下载🔗分享更替,更新合约. 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.例子:"The complex swap agreement was simplified through a series of novations, where the original counterparty was replaced by a more secure clearinghouse for each participant. "通过一系列的合约更替,这个复杂的互换协议得到了简化;在这些合约更替中,原先的交易对手方被更稳妥的清算机构所取代,每个参与者都与该清算机构直接交易。businessfinancelaweconomy与AI对话词汇游戏阅读练习
noun下载🔗分享债务更新,更改合约。 A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.例子:"The parents made a novation with the school, replacing the original agreement for their son's tutoring with a new one focused on improving his math skills. "这对父母和学校达成了一项债务更新协议,更改了合约,用一份侧重于提高儿子数学能力的新协议取代了最初的辅导协议。lawbusinessfinancecommerce与AI对话词汇游戏阅读练习