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novations

/noʊˈveɪʃənz/

Meanings
noun

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.

Examples :

"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。
business finance law economy
noun

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.

Examples :

"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。
law business finance commerce

Related Words

Illustration obligation

obligation noun

/ɑb.ləˈɡeɪ.ʃən/

义务，责任，职责。

"My obligation to my family means I need to visit them regularly. "

我对家庭的义务意味着我需要经常去看望他们。

Illustration clearinghouse

clearinghouse noun

/ˈklɪrɪŋhaʊs/ /ˈklɪərɪŋhaʊs/

票据交换所，结算中心

"The bank uses a clearinghouse to process checks from different banks quickly and efficiently. "

这家银行使用票据交换所来快速高效地处理来自不同银行的支票。

Illustration financial

financial adjective

/faɪˈnænʃəl/

金融的，财政的

"The financial situation at home has improved since my uncle started his new job. "

自从我叔叔开始新工作后，家里的经济状况就好转了。

Illustration participant

participant noun

/pɑːˈtɪsɪpənt/ /pɑːɹˈtɪsəpənt/

参与者，参加者

"All participants must adhere to the rules of the competition."

所有参加者都必须遵守比赛规则。

Illustration particular

particular noun

/pəˈtɪkjələ/ /pəˈtɪkjəlɚ/

细节，要点

"The teacher pointed out a particular detail in the math problem that several students missed. "

老师指出了这道数学题里一个特别的细节，很多学生都忽略了。

Illustration contracting

contracting verb

/kənˈtræktɪŋ/ /ˈkɑːntræktɪŋ/

收缩，缩小

"Example: "As the weather cooled down, the metal pipe started contracting, making a creaking sound." "

随着天气转凉，金属管开始收缩，发出吱吱嘎嘎的声音。

Illustration simplified

simplified noun

/ˈsɪmpləfaɪd/

简体字

"My Chinese textbook includes both traditional characters and simplified, so I can learn both forms. "

我的中文课本既有繁体字，也有简体字，所以我能学两种形式。

Illustration replacement

replacement noun

/ɹɪˈpleɪsmənt/

替代品，代替者。

"My old bicycle tire was flat, so I bought a replacement. "

我的旧自行车胎没气了，所以我买了一个新的轮胎来替换它。

Illustration substituted

substituted verb

/ˈsʌbstɪtjuːtɪd/ /ˈsʌbstɪtutɪd/

代替，取代。

"I had no shallots so I substituted onion."

我没有小葱，所以就用洋葱代替了。

Illustration contracts

contracts noun

/ˈkɒntræktʃ/ /kənˈtrækts/

合同，合约。

"Marriage is a contract."

婚姻也是一种合约。

Illustration extinguished

extinguished verb

/ɪkˈstɪŋɡwɪʃt/ /ɛkˈstɪŋɡwɪʃt/

熄灭，扑灭

"The firefighter extinguished the flames with a powerful blast of water. "

消防员用强力水柱扑灭了火焰。

Illustration counterparty

counterparty noun

/ˈkaʊntərˌpɑːrti/ /ˈkaʊntərˌpɑːrdi/

交易对方，对手方

"In the loan agreement, the bank is one party, and the borrower is the counterparty. "

在贷款协议中，银行是一方，借款人是交易对方。