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tr.v. re·ne·go·ti·at·ed, re·ne·go·ti·at·ing, re·ne·go·ti·ates
1. To negotiate anew.
2. To revise the terms of (a contract) so as to limit or regain excess profits gained by the contractor.
re′ne·go′ti·a·ble (-shē-ə-bəl, -shə-bəl) adj.
to negotiate again in order to alter or change previously agreed terms
re•ne•go•ti•ate(ˌri nɪˈgoʊ ʃiˌeɪt)
v.t. -at•ed, -at•ing.
1. to negotiate again, as a loan or treaty.
2. to reexamine (a contract) with a view to eliminating or modifying those provisions found to represent excessive profits to the contractor.
re`ne•go′ti•a•ble (-ʃi ə bəl, -ʃə bəl) adj.
Past participle: renegotiated
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|Verb||1.||renegotiate - negociate anew; "The two warring parties will have to renegociate"|
negociate - confer with another in order to come to terms or reach an agreement; "The parties negociated all night"
|2.||renegotiate - revise the terms of in order to limit or regain excess profits gained by the contractor; "We renegociated our old mortgage now that the interest rates have come down"|
contract - a binding agreement between two or more persons that is enforceable by law
negotiate, talk terms, negociate - discuss the terms of an arrangement; "They negotiated the sale of the house"
roll over - negociate to repay a loan at a later date for an additional fee; "roll over a loan"