The act of renewlng or reviving. The substitution of a new grant, engagement, or right, in place of one which has expired, of the snme 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. 798; Pltts v. Hall, 19 Fed. Cas. 758
Source: Black's Law Dictionary 2nd Ed (1910)
