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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Renew is a term used to describe the process of restoring something to its original state or condition. In the context of personal development, renewing can refer to revitalizing one’s mindset or outlook on life.thecontentauthority.com/blog/refresh-vs-renewRenew is a verb that means to make something new again. It involves restoring something to its original state or improving it beyond its previous condition. Renewal can apply to various aspects of life, including personal growth, relationships, and even material possessions.thecontentauthority.com/blog/renew-vs-restoreRenewal refers to the process of extending the life of something, typically by repairing or refurbishing it. Replacement, on the other hand, involves completely replacing an item with a new one.thecontentauthority.com/blog/renewal-vs-replacem…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. (However, in reality, “renewal” is commonly used synonymously with extension.) Renewal provisions are often found in leases, promissory notes, or insurance policies.www.law.cornell.edu/wex/renewal
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