Simple English definitions for legal terms
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Nonrenewal: When something, like a lease or an insurance policy, is not continued or extended for another period of time.
NONRENEWAL
Nonrenewal is when something, like a lease or an insurance policy, is not renewed or extended.
These examples show how nonrenewal means that something is not being continued or extended. In the first example, the landlord decided not to renew the lease, which means the tenant had to find a new place to live. In the second example, the insurance company decided not to renew the policy, which means the driver had to find a new insurance provider.