renew Meaning in Cambridge Business English Dictionary
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Meaning of "renew" - Business English Dictionary

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renew

verb
 
 
/rɪˈnjuː/ US   /rɪˈnuː/
[I or T] to make a formal or official agreement continue for an extra period of time: renew a contract/licence/policy The contracts are normally renewed every five years. Please contact us on the number below if you wish to renew.
[T] to begin doing something again after having stopped for a period of time: renew criticism/debate/efforts Unions have renewed their calls for updated safety guidelines.
[T] to replace something old: You can renew the grinding wheel surface for faster cutting.
(Definition of renew from the Cambridge Business English Dictionary © Cambridge University Press)
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