novate
no·vate
verb
1.
replace with something new, especially an old obligation by a new one
Origin
First attested in 1611; borrowed from Latin novātus, perfect passive participle of novō, see -ate (verb-forming suffix).
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Broader terms
WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.