Meaning of “renewed” in the English Dictionary

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"renewed" in Business English

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renewedadjective [ before noun ]

uk /rɪˈnjuːd/ us

happening again after having stopped for a period of time:

renewed bid/effort to do sth Opec lifted supply quotas yesterday by 4%, in a renewed bid to force down stubbornly high crude prices.
The company's products have drawn renewed interest in the whole market, analysts said.

(Definition of “renewed” from the Cambridge Business English Dictionary © Cambridge University Press)