renegociate

Verb (2)

1. negociate anew“The two warring parties will have to renegociate”Synonyms: renegotiateMore general negociate
2. 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”Synonyms: renegotiateMore general negociate, negotiateMore specific roll over