re·new·al

/rıˈnuːwəl, Brit rıˈnjuːwəl/ noun, pl -als

1 : the act of extending the period of time when something is effective or valid : the act of renewing something

[count]

The lease calls for yearly renewals.

License renewals can be done online.

You can get a 10 percent savings on subscription renewals.

[noncount]

His contract is up for renewal at the end of the season. [=it will be time to consider renewing his contract at the end of the season]

2 : the state of being made new, fresh, or strong again : the state of being renewed

[singular]

High fuel prices have led to a renewal of interest in electric cars.

[noncount]

She uses flowers in her art as symbols of rebirth and renewal.

— see also ↑urban renewal