renegotiate: Meaning and Definition of
Pronunciation: (rē"ni-gō'shē-āt"), [key]
— v., -at•ed, -at•ing.
- to negotiate again, as a loan, treaty, etc.
- to reexamine (a government contract) with a view to eliminating or modifying those provisions found to represent excessive profits to the contractor.
- to negotiate anew.
- to reexamine the costs and profits involved in a government contract for adjustment purposes.
- renegotiate (Thesaurus)