renewal

Universal Words noun [U,C] 1 ~ (of sth) a situation in which sth begins again after a pause or an interruption: a renewal of interest in traditional teaching methods 2 the act of making a contract, etc. valid for a further period of time after it has finished: The lease comes up for renewal at the end of the month. * the renewal date / fee 3 a situation in which sth is replaced, improved or made more successful: economic renewal * urban renewal (= the act of improving the buildings, etc. in a particular area)