Renewal definition

Legal Definition of renewal. The purchases are subject to annual renewal. If your car tax is due for renewal, do it before Budget day.

A continuing after interruption: continuation , resumption , resurgence , revival. His contract came up for renewal.

The act of renewing or the state of having been renewed. Something, such as a subscription, that is renewed. When you renew something such as a licence or a contract , you extend the period of time for which it is valid. To impart renewed energy and strength to (a person): freshen , refresh ,. Renew definition , to begin or take up again, as an acquaintance, a conversation, etc.

The contracts are normally renewed every five years. Please contact us on the number below if you wish to renew.

Renewal definition is - the act or process of renewing : repetition. How to use renewal in a sentence. Recently there has been a renewal of interest in environmental issues. We renewed our efforts. Renovate means to do over or make good any dilapidation of something: to renovate an old house.

When the Bible speaks of renewal, it sometimes refers to the physical renewal—rest—that is required for our bodies to continue functioning at their best. This right of renewal shall extend to all subsequent five year periods on the same basis for as long as permitted by law. In regard to bonds, renewal signifies an extension of time for maturity. A stipulation for the renewal of a lease requires the making of a new lease, as opposed to an extension, which involves adding time to a leasehold agreement already in existence without executing a new instrument. See also: urban renewal , renewable, renew, renewables.

The first step in devising a corporate renewal strategy is to re-evaluate your strengths and weaknesses. More example sentences. Want to learn more? Improve your vocabulary with English Vocabulary in Use from Cambridge. A renewal option is a clause in a financial agreement that outlines the terms for renewing or extending an original agreement.

The definition of renewal is intended to have a broad application and includes circumstances where the underwriting insurer changes but the intermediary proposing the ‘renewal’ remains the same.

The renewal option appears as a covenant in the original agreement and. If you renew a relationship with someone, you start it again after you have not seen them or have not been friendly with them for some time. When the two men met again after the war they renewed their friendship. Nat was waiting in the doorway for a renewal of hostilities, if any such there were to be.

You should go, see Von Brent, and get a renewal of the option. We derive the renewal of our blood and juices, which are constantly exhausting, from the substances converted into food. Cells are constantly renewed.

Win solar, and hydroelectricity are three renewable sources of energy.