Meaning NOVATION: Defeasance whereby the firm's debt is cancelled
More terms such as Novation in Dictionary N.
- Definition Noncompetitive Bid:
- Examples In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids novation definition.
- Definition Nonsystematic Risk:
- Examples Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy novation explain.
- Definition No Book:
- Examples Used for listed equity securities. Not much, if any, stock is being bid for or offered at the present time by customers or the specialist novation what is.
- Definition Net:
- Examples The gain or loss on a security sale as measured by the selling price of a security less the adjusted cost of acquisition novation meaning.
- Definition Noise:
- Examples fluctuations that can confuse interpretation of market direction. Used in the context of general equities. Stock market activity caused by program trades, dividend rolls, and other phenomena not novation abbreviation.
