renegotiate

verb

re·​ne·​go·​ti·​ate ˌrē-ni-ˈgō-shē-ˌāt 

renegotiated; renegotiating; renegotiates

transitive verb

: to negotiate again (as to adjust interest rates or repayments or to get more money)

renegotiate a loan

renegotiate a contract

renegotiation

ˌrē-ni-ˌgō-shē-ˈā-shən 

-sē-ˈā-

noun

Examples of renegotiate in a Sentence

The deal is done. I won't renegotiate.

Recent Examples on the Web

Qualcomm further claims that Arm is seeking to renegotiate its ALA with Qualcomm to the higher royalty rates of the Nuvia ALA. —Jim McGregor, Forbes, 16 Dec. 2024

Advertisement Complicating the situation even further is the fact that Maiava’s representation will want to renegotiate his NIL deal after his three-game audition. —Ryan Kartje, Los Angeles Times, 6 Dec. 2024

Experts say the tariff threat could just be a strategy to renegotiate trade deals. —Matt Galka, Baltimore Sun, 1 Dec. 2024

But that opportunity to renegotiate wouldn't come until 2026. —Selina Wang, ABC News, 26 Nov. 2024

Word History

First Known Use

1787, in the meaning defined above

Legal Definition

renegotiate

transitive verb

re·​ne·​go·​ti·​ate ˌrē-ni-ˈgō-shē-ˌāt 

: to negotiate again (as for more money or to adjust interest rates or repayments)

specifically : to determine under statutory procedure the existence and amount of excess profits on (a government contract) in order to eliminate or obtain a refund of such profits

intransitive verb

: to negotiate again

specifically : to adjust a government project price in order to eliminate or recover excessive profits

renegotiation

-ni-ˌgō-shē-ˈā-shən, -ˌgō-sē- 

noun