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EXTENSION

an increase in the date of expiration or due date for a term or obligation.

In a lease, an extension represents continuation of an existing arrangement on the same terms, whereas a renewal may involve new terms in a different lease instrument.

In procedure, an extension of time within which a pleading or process must be filed or completed under the rules governing the courts of the particular jurisdiction. Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; ©
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