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词汇 renewal-option
释义 renewal option
noun[ C ]
ukus
the right to continue an agreement for an extra period of time:
It is a 20-year lease with a five-year renewal option.
We can offer you some great renewal options for your cell phone contract.

Examples of renewal option


renewal option
The agreement is valid for 99 years and has a renewaloption.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The lease agreement was for 50 years, with a renewaloption for an additional 50 years.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
There is also an online open book exam renewaloption.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Most level term programs include a renewaloption and allow the insured to renew for a maximum guaranteed rate if the insured period needs to be extended.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Two five-year renewal options were included with the principal 17-year lease.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The agreement gives the team four five-year renewal options after 2023.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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