Meaning of RENEGOTIATE

Pronunciation:			`reeni'gowshee`eyt
WordNet Dictionary
	Definition:		[v]  revise the terms of (a contract) 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" [v]  negociate anew; "The two warring parties will have to renegociate"
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	Synonyms:		renegociate
	See Also:		negociate, negotiate, talk terms