renegotiable

adjective

re·​ne·​go·​tia·​ble ˌrē-ni-ˈgō-sh(ē-)ə-bəl 

: subject to renegotiation

renegotiable mortgages

renegotiable rates

Example Sentences

Recent Examples on the Web

For business and retail banking customers, the most obvious types of offerings that would provide immediate relief are flexible credit products or renegotiable terms on loan and mortgage agreements that have now become unsustainable. —Johanna Pugh, Forbes, 25 May 2021

Meanwhile, the standard mortgage in Canada is a 25-year loan with rates renegotiable every five years; the country’s homeownership rate stood at 67.8 percent in 2016. —Charles Lane, Twin Cities, 11 Sep. 2019

For the 2018-19 and 2019-20 school years, salary and benefits will be renegotiable; any other articles from the contract will not. —Karen Pearlman, sandiegouniontribune.com, 1 June 2018

Word History

First Known Use

1943, in the meaning defined above

Legal Definition

renegotiable

adjective

re·​ne·​go·​tia·​ble ˌrē-ni-ˈgō-shə-bəl, -shē-ə- 

: capable of being renegotiated : subject to renegotiation