Commerce Glossary
A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...
What is Automatic Renewal Clause?
au -to -ma - tic re - new - al clause
noun
Is included in the terms and conditions, and stipulates the automatic renewal of the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or when one of the contracting parties has sent a notification regarding cancellation.
Want to read more on this topic? Check out our related resources:
Need help with subscription billing, global ecommerce?
2Checkout is here to help you accelerate your business growth.