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renegotiate

play
verb re·ne·go·ti·ate \ˌrē-ni-ˈgō-shē-ˌāt\

Simple Definition of renegotiate

  • : to discuss again the details of a formal agreement especially in order to change them : to negotiate (something) again

Source: Merriam-Webster's Learner's Dictionary

Full Definition of renegotiate

  1. transitive verb
  2. :  to negotiate again (as to adjust interest rates or repayments or to get more money) <renegotiate a loan> <renegotiate a contract>

renegotiation

play \ˌrē-ni-ˌgō-shē-ˈā-shən, -sē-ˈā-\ noun

Examples of renegotiate in a sentence

  1. The deal is done. I won't renegotiate.



Circa 1934

First Known Use of renegotiate

circa 1934


Law Dictionary

renegotiate

play
transitive verb re·ne·go·ti·ate \ˌrē-ni-ˈgō-shē-ˌāt\

Legal Definition of renegotiate

  1. :  to negotiate again (as for more money or to adjust interest rates or repayments); specifically :  to determine under statutory procedure the existence and amount of excess profits on (a government contract) in order to eliminate or obtain a refund of such profits

  2. intransitive verb
  3. :  to negotiate again; specifically :  to adjust a government project price in order to eliminate or recover excessive profits

renegotiation

\-ni-ˌgō-shē-ˈā-shən, -ˌgō-sē-\ play noun



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