Definition of "renegociate" [renegociate]

• Negociate anew (verb)
• Revise the terms of in order to limit or regain excess profits gained by the contractor (verb)

WordNet. Princeton University. 2010.

• "For Setanta and ITV this just looks exactly like when ITV Digital tried to renegociate with the Football League."
• "I would rather see monies go to them if they renegociate union contracts that reflect a sustanable business and a fair deal to employee. s as lower pay will in the end be better than if the jobs dissappear for good."
• "Or [[Obama]], who, while telling crowds in Ohio that he might renogociate [[NAFTA]], had a campaign worker telling [[Canada]] that he wouldn't really renegociate it at all."