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Definitions of renegociate
  1. 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"

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  2. verb
    negociate anew
    "The two warring parties will have to renegociate"

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Examples of renegociate
  • "We renegociated our old mortgage now that the interest rates have come down"
  • "The two warring parties will have to renegociate"
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