Dictionary

renegotiate

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

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

Full 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>
re·ne·go·ti·a·tion \ˌrē-ni-ˌgō-shē-ˈā-shən, -sē-ˈā-\ noun
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First Known Use of RENEGOTIATE

circa 1934

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