What is the meaning of renewal and replacement?
Asked by: Alfonso Glover | Last update: March 18, 2025Score: 4.4/5 (60 votes)
What is the meaning of renewal?
: the state of being made new, fresh, or strong again : the state of being renewed.
What is an example of a renewal?
Examples of renewal in a Sentence
The lease calls for yearly renewals. License renewals can be done online. You can get a 10 percent savings on subscription renewals. High fuel prices have led to a renewal of interest in electric cars.
What does it mean if something was renewed?
renew implies a restoration of what had become faded or disintegrated so that it seems like new. efforts to renew the splendor of the old castle. restore implies a return to an original state after depletion or loss. restored a fine piece of furniture.
What is account renewal?
An annual account renewal process takes place typically in the spring, as this is a critical process ensuring that: Accounts that are no longer needed are deactivated; and, Information that funding agencies and partners require is collected for reporting purposes.
Renewal | Definition of renewal 📖 📖 📖 📖
What does renewal payment mean?
Renewal Payment any of the monthly payments (or, in the case of non-monthly Leases, the applicable payments) received after the conclusion of the initial Lease term from a Lessee.
What is the use of renewal?
renewal noun (START AGAIN)
the act of starting again or starting to do something again: They fear the renewal of hostilities if an agreement is not reached soon. His central thesis is that the trauma of war and its aftermath amounted to a renewal of the revolution.
Does "renew" mean "replace"?
renew verb [T] (MAKE NEW)
Add to word list Add to word list. B2. to increase the life of or replace something old: Every year I renew my membership of the sports club.
Does renewed mean new?
What is a renewed product? According to Amazon, a renewed product is a high-quality, like-new item that's either refurbished, preowned, or open-box. Pre-owned products have been owned by a previous customer but remain in fully functioning condition, even if they may have minor cosmetic issues, like scratches or dents.
What happens when you renew something?
You can say that something is renewed when it grows again or is replaced after it has been destroyed or lost.
What is the legal definition of renewal?
1) Voluntary re-establishment of a legal relationship created by a previously agreed-to but expired contract . That is, renewal is not merely an extension of a previous contract but is effectively the creation of a new contract that recreates the previous and now-renewed contract.
What is the importance of renewal?
Renewing yourself allows you to realign, re-energize, and live the life you desire. Peaks and valleys are a part of life. While some can return to the mountaintop more nimble, stronger than before, and prepared to face the next challenge, many get stranded in the valleys.
Is a renewal a new policy?
What is a Renewal Policy? A renewal policy, a crucial aspect of insurance management, refers to the continuation of an existing insurance policy for a subsequent policy term.
What is considered renewal?
Renewable energy is energy that comes from a source that won't run out. They are natural and self-replenishing, and usually have a low- or zero-carbon footprint. Examples of renewable energy sources include wind power, solar power, bioenergy (organic matter burned as a fuel) and hydroelectric, including tidal energy.
What does the Bible say about renewal?
Romans 12:2
“Do not be conformed to this world, but be transformed by the renewal of your mind, that by testing you may discern what is the will of God, what is good and acceptable and perfect.”
What is the renewal effect?
The renewal effect is a key phenomenon in understanding the underlying mechanism of recovery from extinction. Findings in renewal strongly suggest that contextual cues play an important role in retrieving previously extinguished responses.
What does renewed mean in life?
make (to feel) fresh. revitalise, revitalize. give new life or vigor to. regenerate, rejuvenate, restore. return to life; get or give new life or energy.
What does renewed automatically mean?
Auto-renewal (also known as autorenewal or automatic renewal) is a billing model in which a customer's subscription to a service (like a software subscription) is automatically renewed at the end of an agreed upon period of time.
What does renewed mean on a device?
Renewed phones are phones that have been purchased but have been returned to manufacturing companies or certified refurbishing firms for varying reasons. These reasons include minor defects or when the owner does not need the phone anymore.
What is renewal and replacement?
Renewal and Replacement or "RR" means: component overhaul or replacement tasks. These are tasks that extend a component lifetime and reset the schedule of PM and minor repair tasks. These tasks tend to be more costly, infrequent and require specialized expertise and equipment.
What is a better word for renew?
Some common synonyms of renew are refresh, rejuvenate, renovate, and restore.
Is renewed the same as new?
Renewed is just a used product bought, cleaned up, and put in a new box with new cables and such. Renewed is basically a used product in very good condition. But these aren't hard rules and they can be use interchangeably.
Why are renewals so important?
Renewals mark a critical juncture in the customer journey, where the customer evaluates the value received and the potential for continued partnership. It's a pass or fail moment for your team. And while the decision to renew or not can be binary, the path that leads your customer to making the decision is not.
Why do we need renewal?
We need to renew or minds because an unrenewed mind will result in an ungodly action. Our minds are the breeding ground of future action. Ignorance and a mind not renewed by the Word of God leaves us devoid of the power of God.
What is an example of renew?
renew verb [T] (MAKE NEW)
to increase the life of or replace something old: Every year I renew my membership to the sports club. I forgot to renew my season ticket. I'll use this material to renew the chair covers. Fewer examples.