renegotiate

1 definition found

renegotiate - WordNet (r) 2.1 (2005) :

  renegotiate
      v 1: negociate anew; "The two warring parties will have to
           renegociate" [syn: renegociate, renegotiate]
      2: 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" [syn:
         renegociate, renegotiate]