renegotiate

verb

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

Examples of renegotiate in a Sentence

The deal is done. I won't renegotiate.
Recent Examples on the Web More than 40,000 hotel workers with the UNITE HERE union are renegotiating contracts this year in more than 20 cities across the U.S. and Canada, and strike votes already have been approved in several other states. Lorraine Mirabella, Baltimore Sun, 12 Aug. 2024 After several news investigations highlighted the deal, the Park District and Lollapalooza renegotiated. Justin Kaufmann, Axios, 1 Aug. 2024 Regardless of the design, families would benefit from permanent updates, rather than temporary changes that must be renegotiated in Congress later, Watson said. Kate Dore, Cfp®, CNBC, 1 Aug. 2024 The amount was $2 million more than 2021 after the contract was renegotiated in 2022 to let Lollapalooza sell more tickets. Justin Kaufmann, Axios, 1 Aug. 2024 See all Example Sentences for renegotiate 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'renegotiate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1787, in the meaning defined above

Time Traveler
The first known use of renegotiate was in 1787

Dictionary Entries Near renegotiate

Cite this Entry

“Renegotiate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renegotiate. Accessed 20 Aug. 2024.

Legal Definition

renegotiate

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

More from Merriam-Webster on renegotiate

Last Updated: - Updated example sentences
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