This research work describes a nine-term novel 3-D chaotic system with four quadratic nonlinearities and details its qualitative properties. The phase portraits of the 3-D novel chaotic system simulated using MATLAB, depict the strange chaotic attractor of the system. For the parameter values chosen in this work, the Lyapunov exponents of the novel chaotic system are obtained as L1 = 6.8548, L2 = 0 and L3 = -32.8779. Also, the Kaplan-Yorke dimension of the novel chaotic system is obtained as DKY = 2.2085. Next, an adaptive controller is design to achieve global stabilization of the 3-D novel chaotic system with unknown system parameters. Moreover, an adaptive controller is designed to achieve global chaos synchronization of two identical novel chaotic systems with unknown system parameters. Finally, an electronic circuit realization of the novel chaotic system is presented using SPICE to confirm the feasibility of the theoretical model.