transitive verb-·at·ed, -·at·ing
to negotiate again; specif., to review (a contract) with a view to obtaining more equitable or favorable terms
transitive verbre·ne·go·ti·at·ed, re·ne·go·ti·at·ing, re·ne·go·ti·ates
- To negotiate anew.
- To revise the terms of (a contract) so as to limit or regain excess profits gained by the contractor.