Renegotiate Definition
rēnĭ-gōshē-āt
renegotiated, renegotiates, renegotiating
verb
renegotiated, renegotiates, renegotiating
To negotiate anew.
American Heritage
To negotiate again; specif., to review (a contract) with a view to obtaining more equitable or favorable terms.
Webster's New World
To revise the terms of (a contract) so as to limit or regain excess profits gained by the contractor.
American Heritage
Synonyms:
- renegociate
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