verb
definition
To negotiate new terms to replace old ones.
Examples of renegotiate in a Sentence
It was for that reason I felt they might renegotiate on the purchase price.
He gave foreign companies 180 days to renegotiate existing contracts with the government, or leave the country.
The novation entitles you to accept the existing mortgage and renegotiate with the lender better conditions.
There are several types of bankruptcy, and in some cases, companies declare bankruptcy so that they can renegotiate loans and obligations with creditors.
Primarily due to the problem of having to renegotiate the treaties of 1922.
We can always renegotiate the lease, ' he says.
If they wait until they miss a payment they may not qualify for the programs and may face foreclosure; lenders may be unwilling to renegotiate the mortgage at that time.