renegotiate

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

Definition of renegotiate

transitive verb
: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.

Recent Examples of renegotiate from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'renegotiate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of renegotiate

1787


RENEGOTIATE Defined for English Language Learners

renegotiate

verb

Definition of renegotiate for English Language Learners

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


Law Dictionary

renegotiate

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

legal Definition of renegotiate

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

renegotiation

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

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