Looking for the meaning or definition of the word renegotiate? That's all it means.
negociate anew
"The two warring parties will have to renegociate"
renegociate, renegotiate(verb)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"
to discuss the details of (a formal agreement) again especially in order to change themThey want to renegotiate the lease on their apartment.
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