renegotiate

[ ree-ni-goh-shee-eyt ]

/ ˌri nɪˈgoʊ ʃiˌeɪt /

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See synonyms for: renegotiated on Thesaurus.com

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.

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Origin of renegotiate

First recorded in 1930–35; re- + negotiate

OTHER WORDS FROM renegotiate

re·ne·go·ti·a·ble

[ree-ni-goh-shee-uh-buhl, -shuh-buhl], /ˌri nɪˈgoʊ ʃi ə bəl, -ʃə bəl/, adjectivere·ne·go·ti·a·tion, noun

Words nearby renegotiate

Renée, renegade, renegado, renege, renegotiable-rate mortgage, renegotiate, renew, renewable, renewable energy, renewable resource, renewables

How to use renegotiate in a sentence

Perhaps it’s possible to cope in the short term by making modest adjustments, such as renegotiating supply chain contracts or reskilling displaced workers.
2021 planning: New business models, big opportunity|Jason Sparapani|January 11, 2021|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.
Pandemic bankruptcies: A running list of retailers that have filed for Chapter 11|Abha Bhattarai|December 4, 2020|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.
‘Improving your ability to cancel’: How advertisers have back-loaded flexibility into their upfront deals|Tim Peterson|December 2, 2020|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.
NBA, players reach deal to open season Dec. 22, play 72-game schedule|Ben Golliver|November 6, 2020|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.
Vizio sues MediaMath over an alleged $900,000 in unpaid bills|Lara O'Reilly|October 8, 2020|Digiday
For good measure, Obama added that, “I will make sure that we renegotiate, in the same way that Senator Clinton talked about.”
Obama Wants to Fight Income Inequality…With More Free Trade?|Lloyd Green|January 27, 2014|DAILY BEAST
The baker's union took a lot of heat for refusing to renegotiate its contracts, even as the company was obviously teetering.
The Twinkie is Dead! Long Live the Twinkie!|Megan McArdle|January 29, 2013|DAILY BEAST
Perhaps at the same time, the Brotherhood could be called on its desire to renegotiate the peace treaty.
Palestine Can Wait…For Now|Nathan J. Brown|July 20, 2012|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.
Will Greece Leave the Euro Zone?|Louise Armitstead|June 13, 2012|DAILY BEAST
But this summer, Assange—who is on bail in Britain—says he attempted to renegotiate the contract and set a new deadline.
Julian Assange Slams Publishers|William Underhill|September 22, 2011|DAILY BEAST

British Dictionary definitions for renegotiate

renegotiate

/ (ˌriːnɪˈɡəʊʃɪˌeɪt) /

verb

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

Derived forms of renegotiate

renegotiation, noun

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