renew

guaranteed renewable
continuing education requirement

Definition

verb
to continue something for a further period of time
ExamplesWe have asked the bank to renew the bill of exchange. • The tenant wants to renew his lease. • Her contract was renewed for a further three years.
Usage
to renew a subscription
to pay a subscription for another year
Usage
to renew an insurance policy
to pay the premium for another year's insurance

Recommended Articles from InvestorGuide.com

Investing Tips

How to Be Extra Cautious When You Urgently Need Money

When you need money urgently, comparison shop for loans by looking at both total dollar costs and the Annual Percentage Rate (APR). Payday lenders, for example, typically charge about $15 for every $1 ... Read more

Additional Tip(s)

Related Videos

Featured Advertiser

Nearby Terms

Popular 'Banking' Terms

Related Terms

Mentioned in these terms

Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ