renegotiate

verb
re·​ne·​go·​ti·​ate | \ ˌrē-ni-ˈgō-shē-ˌāt \
renegotiated; renegotiating; renegotiates

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

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Other Words from renegotiate

renegotiation \ ˌrē-​ni-​ˌgō-​shē-​ˈā-​shən , -​sē-​ˈā-​ \ noun

Examples of renegotiate in a Sentence

The deal is done. I won't renegotiate.

Recent Examples on the Web

Another cornerstone of the Barefoot Investor’s plan that resonates with economists is the importance of renegotiating bank fees, which, according to the Reserve Bank of Australia, run to 480 Australian dollars, around $355, a household per year. Amelia Lester, New York Times, "Australians Can’t Get Enough of the Barefoot Investor," 29 June 2018 The two continue to spar over renegotiating the North American Free Trade Agreement and Trump's threatened tariffs on steel and aluminum, saying they are needed as a national security measure against one of the nation's top trading partners. Todd Spangler, Detroit Free Press, "Moroun TV ad asks Trump to pick America, reject Gordie Howe bridge," 20 June 2018 Another potential $120,000 in annual savings might be possible through renegotiating Wilmette’s refuse collection contract, Braiman said. Kathy Routliffe, chicagotribune.com, "Wilmette eyes up to $500,000 in sales tax losses as it heads into 2019 budget work," 23 May 2018 The three countries reached a consensus after more than a year of talks, which began after President Donald Trump made good on his campaign promise to renegotiate the nearly 25-year-old agreement. Jen Kirby, Vox, "USMCA, Trump’s new NAFTA deal, explained in 500 words," 3 Oct. 2018 Trump’s ongoing attempt to renegotiate the North American Free Trade Agreement has also thrown a heavy amount of uncertainty into the mix. Sean O'kane, The Verge, "The Ford Focus is dead in the US because of Trump’s trade war," 31 Aug. 2018 And renegotiating some of those rules to be more favorable is a good thing. Fox News, "Trump orders flags flown at half-staff for John McCain," 28 Aug. 2018 Yet Liverpool's apparent attempts to renegotiate the transfer fee at the eleventh hour triggered Lyon to cancel the deal - and that seemed to be that. SI.com, "Nabil Fekir's Agent Issues Surprise Statement on Liverpool Move," 19 June 2018 In another statement from the White House, press secretary Sarah Sanders said the team attempted to renegotiate a visit, wasn't negotiating in good faith and the vast majority of the team had abandoned fans who wanted to attend the event. Jason Carroll, CNN, "NFL star has a message for many of you in the discussion on racial injustice: 'You aren't listening'," 6 June 2018

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.

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First Known Use of renegotiate

1787, in the meaning defined above

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Dictionary Entries near renegotiate

renegate

renege

renegotiable

renegotiate

renerve

renest

renette

Statistics for renegotiate

Last Updated

5 Jan 2019

Look-up Popularity

Time Traveler for renegotiate

The first known use of renegotiate was in 1787

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More Definitions for renegotiate

renegotiate

verb

English Language Learners Definition of renegotiate

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

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

Other Words from renegotiate

renegotiation \ -​ni-​ˌgō-​shē-​ˈā-​shən, -​ˌgō-​sē-​ \ noun

More from Merriam-Webster on renegotiate

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