Renewal meaning

The act of renewing or the state of having been renewed. Something, such as a subscription, that is renewed. Legal Definition of renewal. The renewal of a document such as a license or a contract is an official increase in the period of time for which it remains valid.

His contract came up for renewal. Synonyms: extension More Synonyms of renewal 3. The cell renewal process of the skin occurs every days but slows as we age, causing wrinkles and dry skin. 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. Renovate means to do over or make good any dilapidation of something: to renovate an old house.

To impart renewed energy and strength to (a person): freshen, refresh,. 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. Recently there has been a renewal of interest in environmental issues. Renewal of something lost, dea or destroyed is the process of it growing again or being replaced.

When you renew something such as a licence or a contract, you extend the period of time for which it is valid. Upon the annual renewal date, an insurance company will often try to encourage you to upgrade to a new policy. The renewal dateof an existing insurance contract is the date on which it must be renewed. A renewal option is common in business and rental lease agreements.

Our new Handbook rule says that ‘renewal’ means carrying forward a policy, at the point of expiry and as a successive or separate operation of the same nature and duration as the policy, with the same insurance intermediary or the same insurer. You must renew your tax credits by the date shown on your renewal pack. If you miss the deadline your tax credits payments will stop. Renewal definition : If there is a renewal of an activity or a situation , it starts again. The lease calls for yearly renewals.

License renewals can be done online. You can get a percent savings on subscription renewals. See also: urban renewal , renewable, renew, renewables. Earlier noun was simply renew (early 15c.).

See definitions of renewal. Meaning , pronunciation, translations and examples. 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.

Your renewal is a good time to review your policy to verify discounts or make changes to coverage. It helps to have a reminder because insurance can be easy to forget about if you haven’t needed to use it recently. View your membership status and Expiration date or Renewal date. You can cancel on our website at any time before the renewal date.

Your member benefits will continue until the expiration date. Renew your driving licence online with DVLA if you have a valid UK passport.