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

Yes, but: A city attorney earlier this month told the council that Cantrell believes the city can't afford to pay the lawsuit settlement and wants to renegotiate, reports The Times-Picayune. —Carlie Kollath Wells, Axios, 11 Feb. 2025

The proposal for Carroll County Public Schools' fiscal 2026 budget would eliminate outdoor school, reduce pay for bus contractors, cut computer replacements for elementary students, and renegotiate contracts that promise cost-of-living raises for employees. —Thomas Goodwin Smith, Baltimore Sun, 3 Feb. 2025

But rather than renegotiate those contracts, Adams and his predecessors have circumvented the standard procurement process with a series of short-term contract extensions, according to the letter. —Cayla Bamberger, New York Daily News, 31 Jan. 2025

At one point, while Lighthizer was renegotiating the North American Free Trade Agreement, Trump called him into the Oval Office. —Benjamin Wallace-Wells, The New Yorker, 23 Jan. 2025

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