/tɜrm ʌv rɪˈnjuəl/ – Phrase
Definition: điều kiện nối lại, điều kiện tiếp tục lại.
A more thorough explanation: “Term of renewal” refers to the specific period of time during which a contract or agreement can be extended or renewed by the parties involved. It signifies the duration for which the original terms and conditions of the contract can be prolonged or reactivated for a subsequent period.
Example: The lease agreement includes a term of renewal, allowing the tenant to extend the lease for an additional year upon expiration.