renegotiate

word

Definition

To discuss and change the terms or details of an agreement or contract again, usually because conditions have changed or one side is not satisfied.

Usage & Nuances

Common in business, politics, and law. Used when both sides want to update a deal—'renegotiate a contract,' 'renegotiate terms.' More formal than 'talk over again.' Not used for casual conversations or small requests.

Example Sentences

We need to renegotiate the contract because our needs have changed.

basic

The company wants to renegotiate its loan agreement.

basic

They decided to renegotiate after the prices increased.

basic

Let's sit down and renegotiate the terms to find a solution that works for both sides.

natural

The landlord agreed to renegotiate the lease when we explained our financial situation.

natural

If things change next year, we can always renegotiate.

natural