Verb
/ˌrēnəˈgōSHēˌāt/,
Font size:
renegotiated, past participle; renegotiates, 3rd person singular present; renegotiating, present participle; renegotiated, past tense;
-
Negotiate (something) again in order to change the original agreed terms
- -
the parties will renegotiate the price
- -
she asked to renegotiate after signing the contract
Web Definitions:
- renegociate: negociate anew; "The two warring parties will have to renegociate"
- renegociate: revise the terms of in order to limit or regain excess profits gained by the contractor; "We renegociated our old mortgage now that the interest rates have come down"
- To negotiate new terms to replace old ones
- (renegotiation) The act of negotiating again
- (Renegotiation) means the process of evolution of an existing outsourcing agreement. This process is facilitated through effective design and implementation of contract management processes from inception of the outsourcing relationship.
- (Renegotiation) Lease contract that is signed by the current tenant for the same space but under different leasing conditions.
- To change the terms and conditions of a mortgage agreement prior to maturity. Renegotiation occurs with the lender who currently holds the mortgage.