Define: Renewal
Renewal
Domain name renewal is the process of prolonging the period of registration for a domain name. For example, a domain name may initially have been registered for a year, and if the domain is not renewed, it will eventually expire after the year is up and be deleted from the registry database. To prevent this from happening, the domain name must be renewed for a certain period of time, which depends on the provider and the extension. The current domain registrant has first refusal on the renewal of domain names.