What is RENEWAL?

The act of renewing or reviving. The substitution of a new grant, engagement, or right, in place of one which has expired, of tlie same character and on the same terms and conditions as before; as, the renewal of a note, a lease, a patent. See Carter v. Brooklyn L. Ins. Co., 110 N. Y. 15, 17 N. E. 396; Gault v. McGrath, 32 Pa. 392; Kedey v. Petty, 153 Ind. 179. 54 N. E. 79S; Pitts v. Hall, 19 Fed. Cas. 758.

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