novate
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
To replace an existing contract or contracting party with a new one by mutual agreement.
The vendor agreed to novate the supply agreement to the purchaser as part of the business transfer.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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