- renewal of contract
- The extension or continuation of a contract for an additional term following the expiration of the contract according to its terms. 17 Am J2d Contr § 464.
Ballentine's law dictionary. Anderson, W.S.. 1998.
renewal of contract
Look at other dictionaries:
renewal — re·new·al /ri nü əl, nyü / n 1: the act or process of renewing a renewal of the copyright 2: the quality or state of being renewed 3: something renewed 4: something used for renewing; specif: an expenditure that betters existing fixed assets … Law dictionary
Contract management — or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions,… … Wikipedia
Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations … Catholic encyclopedia
renewal option — UK US noun [C] ► the right to continue an agreement for an extra period of time: »It is a 20 year lease with a five year renewal option. »We can offer you some great renewal options for your cell phone contract … Financial and business terms
renewal — Placement of a day order identical to one not completed on the previous day. Bloomberg Financial Dictionary * * * renewal re‧new‧al [rɪˈnjuːəl ǁ ˈnuː ] noun 1. [countable, uncountable] COMMERCE when people arrange for a contract, agreement, deal… … Financial and business terms
renewal — /rɪ nju:əl/ noun the act of renewing ● renewal of a lease or of a subscription or of a bill ● renewal of a contract ● His contract is up for renewal ● When is the renewal date of the bill? ♦ to be up for renewal to be due to be renewed ● His… … Dictionary of banking and finance
renewal — noun 1 making valid for a further period of time ADJECTIVE ▪ annual ▪ automatic ▪ contract, licence/license, membership VERB + RENEWAL ▪ … Collocations dictionary
renewal — [[t]rɪnju͟ːəl, nu͟ː [/t]] renewals 1) N SING: usu N of n If there is a renewal of an activity or a situation, it starts again. They will discuss the possible renewal of diplomatic relations... Is he really considering a renewal of hostilities at… … English dictionary
renewal of policy — The continuance of insurance in force by the payment of a new premium, sometimes under a provision for renewal contained in the contract of insurance. A renewal of insurance by the payment of a new premium and the issuance of a receipt therefor,… … Ballentine's law dictionary
renewal */ — UK [rɪˈnjuːəl] / US [rɪˈnuəl] noun [countable/uncountable] Word forms renewal : singular renewal plural renewals 1) the process of starting something again after a pause renewal of: a renewal of war/hostilities Recently there has been a renewal… … English dictionary
