Renegotiate — definition

1. renegotiate (Verb)

2 definitions

renegotiate (Verb) — Negotiate anew. ex. "The two warring parties will have to renegotiate"

renegotiate (Verb) — (contract) revise the terms of in order to limit or regain excess profits gained by the contractor. ex. "We renegotiated our old mortgage now that the interest rates have come down"

2 types of
negotiate talk terms
1 type
roll over