novasi

Finnish

Noun

novasi

1. inflection of nova:
   1. second-person singular possessive form of nominative/genitive singular
   2. second-person singular possessive form of nominative/accusative plural

Indonesian

Etymology

Borrowed from Dutch novatie (“novation”), from Latin novātiō (“a renewing, rennovation”), from novō, from novus (“new”).

Pronunciation

• IPA^(key): /noˈva.si/, [noˈfa.si]
• Rhymes: -si
• Hyphenation: no‧va‧si

Noun

novasi (plural novasi-novasi, first-person possessive novasiku, second-person possessive novasimu, third-person possessive novasinya)

1. (finance, law) novation:
   1. 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.
   2. a new contract between the original contracting parties whereby the first obligation is extinguished and a new obligation is substituted.

Alternative forms

• novatie (unadapted borrowing)

Further reading

• “novasi” in Kamus Besar Bahasa Indonesia, Jakarta: Agency for Language Development and Cultivation – Ministry of Education, Culture, Research, and Technology of the Republic of Indonesia, 2016.