 renegotiate |
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| 1. | [ verb ] negociate anew | |
| Synonyms: | renegociate | |
| Examples: | "The two warring parties will have to renegociate" |
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| Related terms: | negociate | |
| 2. | [ verb ] revise the terms of (a contract) in order to limit or regain excess profits gained by the contractor | |
| Synonyms: | renegociate | |
| Examples: | "We renegociated our old mortgage now that the interest rates have come down" |
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| Related terms: | negociate roll_over contract | |
