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Renegotiation Meaning in English

word

ˌɹinɪˌɡoʊʃiˈeɪʃən
ree-NI-goh-shee-AY-shuhn
ɹɪnɪɡˈəʊʃɪˈeɪʃən
rin-i-goh-shi-AY-shuhn

Definition

The process of discussing something again to change the terms of an agreement, contract, or deal.

Usage & Nuances

Used in formal and business contexts, especially related to contracts, salaries, or international agreements. Often found as 'renegotiation of a contract' or 'renegotiation talks'.

Example Sentences

The company started a renegotiation of the contract.

basic

Salary renegotiation happens every year at this firm.

basic

They called for a renegotiation of the peace deal.

basic

After the changes in the market, a renegotiation became necessary.

natural

The renegotiation process took several months to complete.

natural

Management is open to renegotiation if we present a strong case.

natural