novation :

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  • n  (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

  • II Duce causes some few Italians to wear black shirtsno great in- novation, after all, among a shirt-wearing people.
  • Whatever the ultimate dollars-and-cents value of the in novation to Alcoa, the announcement reflects the thirst for new markets that has kept the $1.
  • Others regard his trick harmonics as a glorious, artistic in novation.
News & Articles

  • Innovation: The History of a Buzzword
    Wikimedia Commons The word innovation might be mantra of business leaders and the inevitable future star of The Atlantic   and Aspen Institute's forthcoming Aspen Ideas Festival . But the irony behind ...
    June 20, 2013 - The Atlantic via Yahoo! Finance

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