Decaffeinated coffee comes from a chemical process that takes out caffeine from the beans. Pharmaceutical and soda companies buy the extracted caffeine.
novation
(noun) (law) the replacement of one obligation by another by mutual agreement of both parties; usually the replacement of one of the original parties to a contract with the consent of the remaining party
Source: WordNet® 3.1
novation (countable and uncountable, plural novations)
(legal) 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.
(legal) A new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.
Source: Wiktionary
No*va"tion, n. Etym: [L. novatio; novus new: cf. F. novation.]
1. Innovation. [Obs.] I shall easily grant that novations in religion are a main cause of distempers in commonwealths. Laud.
2. (Law)
Definition: A substitution of a new debt for an old one; also, the remodeling of an old obligation.
Source: Webster’s Unabridged Dictionary 1913 Edition
25 June 2024
(noun) any of a group of hard glassy minerals (silicates of various metals) used as gemstones and as an abrasive
Decaffeinated coffee comes from a chemical process that takes out caffeine from the beans. Pharmaceutical and soda companies buy the extracted caffeine.