Renegotiation
/rˌinɪˌɡoʊʃiˈeɪʃən/
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Definition
(noun) The act of negotiating again.
Sentence Examples
The company is entering a period of renegotiation of the contract.
A successful renegotiation could save both parties a lot of money.
CEFR Practice Quiz
The union demanded a ____ of the contract after the company announced record profits for the year.