RE NEGOTIABLE

renegotiate

[ree-ni-goh-shee-eyt]
verb (used with object), renegotiated, renegotiating.
1.
to negotiate again, as a loan, treaty, etc.
2.
to reexamine (a government contract) with a view to eliminating or modifying those provisions found to represent excessive profits to the contractor.
verb (used without object), renegotiated, renegotiating.
3.
to negotiate anew.
4.
to reexamine the costs and profits involved in a government contract for adjustment purposes.

Origin:
1930–35; re- + negotiate

renegotiable [ree-ni-goh-shee-uh-buhl, -shuh-buhl] , adjective
renegotiation, noun
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Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To re negotiable
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World English Dictionary
renegotiate (ˌriːnɪˈɡəʊʃɪˌeɪt)
 
vb
to negotiate again in order to alter or change previously agreed terms
 
renegoti'ation
 
n

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