Legal Definition of Renewal: The giving of more time for the payment of a debt or the fulfillment of an obligation; the revival or reestablishment of an issue that is in dispute | Discover the Legal Definition of Renewal and its Impact on Your Business | Gain a comprehensive understanding of the legal concept of renewal, including its application in contractual agreements and legal disputes. Learn how to navigate renewals strategically to protect your business’s interests and ensure success. Seek legal advice when necessary and stay informed for optimal operations