renegociate

renegociate

verb
1. negociate anew; "The two warring parties will have to renegociate" 
2. revise the terms of in order to limit or regain excess profits gained by the contractor; "We renegociated our old mortgage now that the interest rates have come down" 
WordNet® 3.0, © 2006 by Princeton University.
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Renegociate is always a great word to know.
So is gobo. Does it mean:
a chattering or flighty, light-headed person.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
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