Definition

To discuss and change the terms of an agreement or contract again.

Example

The company decided to renegotiate the contract to ensure better terms for both parties.

Tense Forms

Conversation

I think we need to renegotiate our contract with the supplier.

That's a good idea; the prices have really gone up lately.

Exactly, if we renegotiate, we might save some money.

Right, let's set up a meeting and discuss our options.

Synonyms & Antonyms

Root Explanation

Renegotiate → It is formed from "re-" (meaning again) and "negotiari" (meaning to negotiate or carry on business). The word "renegotiate" means to negotiate again, typically to revise terms or conditions.

Memory Tip

Think of 'negotiating' something 'again' — 're-' means again, and 'negotiari' means to negotiate.

Visually Confused Words