Definition of renegotiate in English:

renegotiate

verb

[WITH OBJECT]
  • Negotiate (something) again in order to change the original agreed terms.

    ‘the parties will renegotiate the price’
    • ‘The photographer must offer to repair them or renegotiate the invoice charge.’
    • ‘There has never been a better time to renegotiate a maintenance contract.’
    • ‘Contracting also negotiates and renegotiates rules of communication between astrologer and client.’
    • ‘Cozying up to his bank: Because Martin buys up tone woods whenever they become available, he has arranged to borrow up to $20 million without renegotiating his credit package.’
    • ‘Do you think we should try to renegotiate our lease terms with the landlord?’
    • ‘They recommend that both parties continually monitor and renegotiate the contracts.’
    • ‘In fact negotiating and renegotiating access takes place on almost a daily basis once the research is under way - but that brings me to the research process itself.’
    • ‘This would allow the store to sell electronic goods in at least some of its stores without renegotiating its user terms.’
    • ‘A further implication of the suspension is that meat exporters to South Africa might be required to renegotiate the terms of export with South Africa.’
    • ‘But in reality lenders are more than happy to renegotiate payment terms if you run into such difficulties - which may not even happen.’
    • ‘He also said he would renegotiate contracts with unions and state employees, freeze spending on state contracts and travel and oversee a budget audit.’
    • ‘They are often unnecessary and expensive - when borrowers can simply defer payments and renegotiate the lending terms.’
    • ‘Since then, the Danbury, Connecticut-based Company has renegotiated the policy annually to add on another year.’
    • ‘Now he says he favors renegotiating the deal to ensure that workers have a right to collective bargaining and that environmental standards are upheld.’
    • ‘In return, certain other mortgages were renegotiated with more favourable terms for the defendants by reducing interest rates, adjusting maturity dates and the like.’
    • ‘The ability to improve supply chain management and to successfully renegotiate terms with customers to offset most of the current cost increases will, however, be vital.’
    • ‘Payment protection policies are expensive and unnecessary for many people, who can easily renegotiate their loans with their lender if they run into difficulties.’
    • ‘He tried juggling things himself, renegotiating payment terms with creditors.’
    • ‘The settlement was subsequently renegotiated on more favourable terms on 10 November 1998 and approved by the court in the form of a consent judgment.’
    • ‘If the auditor issues a qualified opinion, the insurer won't issue coverage unless the company renegotiates new policy terms.’

Pronunciation:

renegotiate

/riːnɪˈɡəʊʃɪeɪt/