"Novated" Pronounce,Meaning And Examples
"Novated" Natural Recordings by Native Speakers
"Novated" Meaning
Novated refers to a type of car lease arrangement, particularly in Australia, where a company or employer leases a vehicle on behalf of an employee, and the employee has the option to purchase or trade-in the vehicle at the end of the lease period.
"Novated" Examples
Here are 5 usage examples based on the word "novated":
Examples
The building had been novated to a new owner, who was eager to start renovations.
The novation clause in the contract allowed for the transfer of ownership without penalty.
Novating a debt means transferring the liability to another party, often with better repayment terms.
The financial company novated the loan from the bank, taking over its servicing and payment schedule.
After merging with another company, their assets were novated to the new entity, streamlining operations.
"Novated" Similar Words
Noursle
Nous
Nouveau
Nouveau refers to something that is new, modern, or trendy. It can also describe something that is extravagant, flashy, or showy, often to the point of being garish or overly dramatic. In a cultural or artistic sense, the term "nouveau" often refers to a style or movement that is contemporary or avant-garde, often associated with the arts and humanities. However, it can also have connotations of novelty or superficiality.
Nouveaux
Nouveaux is the French word for "new". It is often used to describe something that is modern, contemporary, or recent. In English, it is sometimes used to emphasize the novelty or freshness of something. For example, you might say "nouveaux looks" to refer to the latest fashion trends, or "nouveaux restaurants" to refer to recently opened eateries.
Nova
A nova is a sudden and spectacular brightening of a star, typically occurring when a white dwarf star in a binary system accrues material from a companion star and reaches a critical mass. This influx of material triggers a nuclear reaction, causing the star to erupt in a brilliant outburst that can increase its brightness by millions of times. Novae are often referred to as "new" stars because their sudden increase in brightness can make them visible to the naked eye for the first time.
Novaculite
Novae
Novate
Novatian
Novatianism
Novation
Novationist
Novations
Novaturient
Novel
Novelette