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Renegotiate

verb

Definitions

Verb
  1. 1
    To negotiate new terms to replace old ones. transitive

    "The United States announced today that it had renegotiated an important agreement governing textile trade between developing nations and the industrialized countries."

  2. 2
    revise the terms of in order to limit or regain excess profits gained by the contractor wordnet
  3. 3
    negociate anew wordnet

Etymology

From re- + negotiate.

See also for "renegotiate"

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