“+ verb
Etymology: re- + negotiate
transitive verb
: to negotiate anew ; specifically : to determine under statutory procedure the existence and amount of excessive profits on (a government defense contract or subcontract or the price stipulated) in order to eliminate or to obtain a refund of such profits
intransitive verb
: to adjust a defense contract price in order to eliminate or recover excessive profits
• re·negotiation “+ noun
• re·negotiator “+ noun