Renewal definition

Definition of renewal. His contract came up for renewal. The premium should be received in this office within fourteen days of the renewal date. 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.

Renew definition is – to make like new : restore to freshness, vigor, or perfection. How to use renew in a sentence. English dictionary definition of renew. The word is used in various senses: (1) of material things, e. Renewal usually requires a writing or some action which evidences the new term.

An instance of resuming something after an interruption. This happened in the final quarter of last year, which naturally spurred a renewal of interest on our part, both to get the full facts about the game and also to see what changes had been made relative to what we knew before. The policyholder extends their contract with the insurance company to continue their current coverage for a specified period.

The insurance company typically invites the policyholder to renew the policy near the end its term.

An insurance renewal is the end of the term of your policy, at which point, you’ll need to determine if you’d like to continue under the same policy with the same insurance carrier. What is an insurance renewal? When your policy term ends, your insurance policy is up for renewal. 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.

Renewal theory is the branch of probability theory that generalizes the Poisson process for arbitrary holding times. The renewal option appears as a covenant in the original agreement and. Instead of exponentially distributed holding times, a renewal process may have any independent and identically distributed (IID) holding times that have finite mean. Recently there has been a renewal of interest in environmental issues.

See also: urban renewal , renewable, renew, renewables. Another word for renewal. More example sentences. Find more ways to say renewal , along with related words, antonyms and example phrases at Thesaurus. Renewal is a nonprofit organization dedicated to assisting people suffering from various forms of kidney disease.

We are a multi-faceted proactive team that is dedicated to saving lives through kidney donation. The lease calls for yearly renewals. License renewals can be done online. You can get a percent savings on subscription renewals. An offensive action made immediately after a parried one.

Urban renewal (also called urban regeneration in the United Kingdom and urban redevelopment in the United States) is a program of land redevelopment often used to address urban decay in cities.

Urban renewal is the clearing out of blighted areas in inner cities to clear out slums and create opportunities for higher class housing, businesses, and more. A primary purpose of urban renewal is to restore economic viability to a given area by attracting external private and public investment and. Type of: restoration.

Renewal Placement of a day orderidentical to one not completed on the previous day. A refinance is a longer, more involved process that replaces an existing loan with an entirely new one. Each is applicable to its own individual situations. Asa renewed the altar of the Lord.

The process where an urban neighborhood or area is improved and rehabilitated.