renegociate

(verb)

verb

1. negociate anew

- The two warring parties will have to renegociate

Similar word(s): renegotiate

Definition categories: communication, negociate

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

Similar word(s): renegotiate

Definition categories: communication, negociate, negotiate