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Renegotiated Meaning in English

word · lemma: renegotiate

ˌɹinɪˈɡoʊʃiˌeɪtɪd
ree-NI-go-shi-AY-tid
ɹɪnɪɡˈəʊʃɪˌeɪtɪd
ri-ni-GOH-shi-ay-tid

Definition

To discuss and arrange new terms for an agreement or contract, usually because the situation has changed or one side wants better terms.

Usage & Nuances

Mainly used in business, law, and finance. Common with 'contract', 'deal', and 'terms': e.g., 'the contract was renegotiated.' Refers to the past tense or past participle of 'renegotiate.' Usually formal or neutral in tone.

Example Sentences

The company renegotiated its loan agreement with the bank.

basic

We renegotiated the contract after new rules were announced.

basic

The rent was renegotiated after the lease ended.

basic

After sales dropped, the team renegotiated their partnership with the supplier.

natural

We finally renegotiated the salary and benefits package to something fair.

natural

The deal was almost off, but they renegotiated just in time.

natural