renegotiate

verb
re·​ne·​go·​ti·​ate | \ ˌrē-ni-ˈgō-shē-ˌāt How to pronounce renegotiate (audio) \
renegotiated; renegotiating; renegotiates

Definition of renegotiate

transitive verb

: to negotiate again (as to adjust interest rates or repayments or to get more money) renegotiate a loan renegotiate a contract

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Other Words from renegotiate

renegotiation \ ˌrē-​ni-​ˌgō-​shē-​ˈā-​shən How to pronounce renegotiation (audio) , -​sē-​ˈā-​ \ noun

Examples of renegotiate in a Sentence

The deal is done. I won't renegotiate.

Recent Examples on the Web

Matthew Kohan, a Budweiser spokesman, said the company did not plan to renegotiate its contract with U.S. Soccer soon; its deal expires in a few years. Kevin Draper, New York Times, "Pushed by Consumers, Some Sponsors Join Soccer’s Fight Over Equal Pay," 5 Aug. 2019 Chris Hemsworth and Chris Evans were also able to renegotiate their Marvel contracts to place themselves within the earning range of $15 million to $20 million for Infinity War and Endgame, according to THR. Ale Russian, PEOPLE.com, "Robert Downey Jr. Made $75 Million from Avengers: Endgame After It Broke Records: Report," 11 July 2019 His government is seeking to renegotiate contracts for vital gas pipelines previously awarded to private energy companies. The Economist, "AMLO’s populism is both rampant and constrained," 4 July 2019 However, the contract was renegotiated in 2007 to move the game scheduled for Cincinnati to Columbus. Kevin Allen, USA TODAY, "Why it took Ohio State and Cincinnati 16 years and multiple revisions to finish two-game series," 26 Aug. 2019 Top-up loan itself is often renegotiated at higher interest rates from the existing home-improvement loan rates. Tirthankar Mandal, Quartz India, "Cheaper loans could take solar power to more rooftops in India," 21 July 2019 The Swoiks renegotiated the deal and moved into their dream home this past April. Jennifer Fisher, chicagotribune.com, "Firsthand visit with homeowner who converted 1840s barn helps Deer Park couple learn the story behind their dream home," 19 July 2019 The district will renegotiate its contract with the Portland Police Bureau in 2020. oregonlive.com, "Meet the Portland school board’s 3 newest members," 27 June 2019 After the merger, procurement officers were told to renegotiate contracts with suppliers down by some 10% as part of a cost-saving push, according to former executives and people who have worked with Kraft Heinz. Heather Haddon, WSJ, "Kraft Heinz CEO Looks to Ketchup for Sales Spurt," 26 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'renegotiate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of renegotiate

1787, in the meaning defined above

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More Definitions for renegotiate

renegotiate

verb

English Language Learners Definition of renegotiate

: to discuss again the details of a formal agreement especially in order to change them : to negotiate (something) again

renegotiate

transitive verb
re·​ne·​go·​ti·​ate | \ ˌrē-ni-ˈgō-shē-ˌāt How to pronounce renegotiate (audio) \

Legal Definition of renegotiate

: 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

Other Words from renegotiate

renegotiation \ -​ni-​ˌgō-​shē-​ˈā-​shən, -​ˌgō-​sē-​ How to pronounce renegotiation (audio) \ noun