renegotiate

verb
re·​ne·​go·​ti·​ate | \ ˌrē-ni-ˈgō-shē-ˌāt How to pronounce renegotiate (audio) \
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 How to pronounce renegotiate (audio) , -​sē-​ˈā-​ \ noun

Examples of renegotiate in a Sentence

The deal is done. I won't renegotiate.
Recent Examples on the Web Tanner and Gomes saw no choice for the city but to declare bankruptcy and renegotiate the unions’ contracts. Shane Bauer, The New Yorker, "How a Deadly Police Force Ruled a City," 16 Nov. 2020 But the analysts, both former airline executives, also said Hopkins is in the unenviable position of trying to renegotiate financial commitments with airlines at a time when the carriers have lost billions. Robert Higgs, cleveland, "Cleveland Hopkins International Airport could recover more quickly than others, experts say - but concerns loom," 17 Nov. 2020 The company—owner of Louis Vuitton, Dior and other brands—asked Mr. Le Maire to write a letter laying the grounds for LVMH to renegotiate or pull out of the merger agreement, the French officials said. Noemie Bisserbe And Matthew Dalton, WSJ, "LVMH Sought French Government Help in Dropping Tiffany Takeover," 17 Sep. 2020 The money offers theater owners a bright spot in a year that has seen screens go dark, customers stay away and studios withhold new releases, forcing theaters to renegotiate terms with lenders and landlords. Washington Post, "For movie theaters, the coronavirus stimulus bill is a tale of two industries," 24 Dec. 2020 During the pandemic, Under Armour has looked to trim expenses and renegotiate athlete endorsers’ contracts. Lorraine Mirabella, baltimoresun.com, "After filing suit against Under Armour, UCLA inks athlete uniform deal with Nike," 8 Dec. 2020 Some want to renegotiate their loans; others ask about filing for personal bankruptcy. David Lyons, sun-sentinel.com, "Repo men face a big year in 2021 as car payments go overdue," 21 Dec. 2020 Schaffer claimed the woman became angry after trying to renegotiate the extent of their relationship, but Edwards left and went to hotel security to escape a fight, Schaffer said. Colleen Kane, chicagotribune.com, "Chicago Bears take Mario Edwards Jr.’s assault charge ‘very seriously,’ Matt Nagy says. The team was informed of incident the night it happened.," 16 Dec. 2020 In late November, Lancaster trustees instructed district attorneys to renegotiate the severance agreement with Granger. Emily Donaldson, Dallas News, "Lancaster rescinds $2M buyout, votes to fire former superintendent instead," 15 Dec. 2020

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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Time Traveler for renegotiate

Time Traveler

The first known use of renegotiate was in 1787

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Last Updated

28 Feb 2021

Cite this Entry

“Renegotiate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renegotiate. Accessed 3 Mar. 2021.

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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 How to pronounce renegotiate (audio) \

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-​ How to pronounce renegotiate (audio) \ noun

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