no·va·tion /nō-'vā-shən/ n [Late Latin novatio renewal, legal novation, from Latin novare to make new, from novus new]: the substitution by mutual agreement of one obligation for another with or without a change of parties and with the intent to extinguish the old obligation
no evidence that the contract was assigned, or that there was a novation — Boccardi v. Horn Constr. Corp., 612 N.Y.S.2d 180 (1994) compare accord 3 substituted contract at contract
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.