What is another word for renegotiate?
Pronunciation: [ɹɪnɪɡˈə͡ʊʃɪˌe͡ɪt] (IPA) 
Renegotiate, a term commonly used in the business world, means to discuss or alter the terms of an agreement or contract. Synonyms for renegotiate include re-examine, rework, reevaluate, review, reconsider, revise, and amend. A renegotiation can be initiated when there are changes in the market conditions, shortage of funds, or unexpected costs. In order to keep a business deal profitable, regular renegotiations are necessary. However, it is important to have a clear understanding of the terms and conditions before attempting to renegotiate. Despite the need for flexibility, some businesses are hesitant to reopen the books once an agreement has been reached. Knowing the synonyms for renegotiate can help to keep your communication clear and effective in business situations.
