renegotiate

[ ree-ni-goh-shee-eyt ]

verb (used with object)

, re·ne·go·ti·at·ed, re·ne·go·ti·at·ing.

1. to negotiate again, as a loan, treaty, etc.
2. to reexamine (a government contract) with a view to eliminating or modifying those provisions found to represent excessive profits to the contractor.

verb (used without object)

, re·ne·go·ti·at·ed, re·ne·go·ti·at·ing.

1. to negotiate anew.
2. to reexamine the costs and profits involved in a government contract for adjustment purposes.

renegotiate

/ ˌriːnɪˈɡəʊʃɪˌeɪt /

verb

1. to negotiate again in order to alter or change previously agreed terms

Derived Forms

• ˌreneˌgotiˈation, noun

Other Words From

• re·ne·go·ti·a·ble [ree-ni-, goh, -shee-, uh, -b, uh, l, -sh, uh, -b, uh, l], adjective
• rene·goti·ation noun

Word History and Origins

Origin of renegotiate¹

First recorded in 1930–35; re- + negotiate

Example Sentences

Perhaps it’s possible to cope in the short term by making modest adjustments, such as renegotiating supply chain contracts or reskilling displaced workers.

From MIT Technology Review

The Houston-based company, which sells women’s clothing and accessories, said in a news release that will close 140 of its 558 stores and attempt to renegotiate a number of its leases.

From Washington Post

More likely, however, the advertiser would attempt to renegotiate the commitment when the time comes to place the remaining orders, according to agency executives.

From Digiday

While the NBA and the NBPA are in the middle of a collective bargaining agreement that runs through 2023-24, the two sides have repeatedly renegotiated terms because of the coronavirus pandemic.

From Washington Post

In May this year, MediaMath sought to renegotiate the terms of the deal at “drastically reduced rates” — an attempt, Vizio alleges in the suit, to draw out payments over a longer period of time.

From Digiday

For good measure, Obama added that, “I will make sure that we renegotiate, in the same way that Senator Clinton talked about.”

From The Daily Beast

The baker's union took a lot of heat for refusing to renegotiate its contracts, even as the company was obviously teetering.

From The Daily Beast

Perhaps at the same time, the Brotherhood could be called on its desire to renegotiate the peace treaty.

From The Daily Beast

This time around, in a bid to catch up, both the main parties have pledged to renegotiate parts of the austerity agreements, too.

From The Daily Beast

But this summer, Assange—who is on bail in Britain—says he attempted to renegotiate the contract and set a new deadline.

From The Daily Beast