innovation

The act of introducing something new.

Something newly introduced.

The act of innovating; the introduction of new things or methods.

A novel change in practice or method; something new introduced into established arrangements of any kind; an unwonted or experimental variation.

In Scots law, the exchange, with the creditor's consent, of one obligation for another, so as to make the second obligation come in the place of the first, and be the only subsisting obligation against the debtor, both the original obligants remaining the same. Also called novation.