Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Nonrenewal
A failure to renew something, such as a lease or an insurance policy. nonreporting issuer See ISSUER.
Renewal
n. 1. The act of restoring or reestablishing. 2. The re-creation of a legal relationship or the replacement of an old contract with a new contract, as opposed to the mere extension of a previous relationship or contract. -renew, ub. Cf. EXTENSION (1); REVIVAL (1).
renewal note
A note that continues an obligation that was due under a prior note.
urban renewal
The process of redeveloping urban areas by demolishing or repairing existing structures or by building new facilities on areas that have been cleared in accordance with an overall plan.