extend the agreement vs renew the agreement

Both phrases are correct, but they are used in different contexts. 'Extend the agreement' is used when you want to prolong the duration of an existing agreement, while 'renew the agreement' is used when you want to create a new agreement after the previous one has expired. They are not interchangeable as they imply different actions.

Last updated: March 27, 2024

extend the agreement

This phrase is correct and commonly used in English when you want to prolong the duration of an existing agreement.

Use 'extend the agreement' when you want to continue the terms of an existing agreement beyond its original end date.

Examples:

We need to extend the agreement for another year.
The parties agreed to extend the agreement until the end of the project.

Alternatives:

prolong the agreement
lengthen the agreement
continue the agreement

renew the agreement

This phrase is correct and commonly used in English when you want to create a new agreement after the previous one has expired.

Use 'renew the agreement' when you want to establish a new agreement with the same or updated terms after the current agreement has ended.

Examples:

We need to renew the agreement for another term.
The company decided to renew the agreement with their supplier.

Alternatives:

enter into a new agreement
make a new agreement
establish a new agreement

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extend the agreement vs renew the agreement