renegotiate

UK
/ˌrɛnɪˈɡəʊʃieɪt/
US
/ˌrɛnɪˈɡoʊʃieɪt/

Translations

renegotiateverb
renegotiated
Past Simple
renegotiated
Past Participle
renegotiating
Gerund
UK
/ˌrɛnɪˈɡəʊʃieɪt/
US
/ˌrɛnɪˈɡoʊʃieɪt/
We need to renegotiate the terms of the contract.
Нам нужно пересмотреть условия контракта.

Definitions

renegotiateverb
To discuss something again in order to change the terms of an agreement.
The company decided to renegotiate the contract to better suit their current financial situation.
To enter into new discussions with the aim of reaching a fresh or revised agreement.
Given the market changes, we will need to renegotiate before the end of the quarter.