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What are renewals?

What are renewals? Here are some definitions.

Noun
  1. plural of renewal
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Examples
However it was obvious that radical economies would be necessary, and the IoWR lacked any reserve fund to pay for renewals.
Corda's end-to-end CSS solution tracks KPIs like contract renewals, customer satisfaction, service penalty payments, bug rates and backlog in the standard configuration.
The bad news is that the consumer PC market is rapidly approaching maturity, with renewals overtaking first-time purchases.
The associate's term of membership always expires with the term of the full member, so please remember to coordinate your renewals accordingly.
I filled out the form, asking whether they actually used phone solicitors to sell account renewals.
She says Horizon Organic also offers two-year contracts with automatic one-year renewals.

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