verb (used with object), re·ne·go·ti·at·ed, re·ne·go·ti·at·ing.
to negotiate again, as a loan, treaty, etc.
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.
to negotiate anew.
to reexamine the costs and profits involved in a government contract for adjustment purposes.
Origin of renegotiate
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
to negotiate again in order to alter or change previously agreed terms
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Online Etymology Dictionary, © 2010 Douglas Harper