renegotiate

[ree-ni-goh-shee-eyt]

verb (used with object)

renegotiated, renegotiating 

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)

renegotiated, renegotiating 

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

Other Word Forms

• renegotiation noun
• renegotiable adjective

Word History and Origins

Origin of renegotiate¹

First recorded in 1930–35; re- + negotiate

Example Sentences

Democrats are also pushing to renegotiate some of the changes made to Medicaid in the budget bill.

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Giddy, renegotiating the meaning of intimacy among friends can be so soothing.

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One sticking point in the talks was the “South Park” team’s insistence on simultaneously renegotiating all of the contracts.

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It also allows musicians who signed a recording contract before the year 2000, before the advent of streaming, to renegotiate their contract and receive higher rates of pay.

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Some savings have also been made by renegotiating elements of those contracts, which were originally signed by the previous Conservative government.

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