renegotiates
Revises the terms
Renegotiates means to negotiate again, typically to revise terms of an existing agreement.
Someone renegotiates a contract when circumstances change or the original terms prove unfavorable: The union renegotiates wages every three years.
The word implies both parties returning to the table, though one side usually initiates: After the merger, she renegotiated her employment contract.
Conditions of an agreement
- agreementShared position between parties
- contractEnforceable written agreement
- dealAgreement or distribution
- salaryFixed periodic employment payment
lease · treaty · settlement · conditions · provisions · clauses · pricing · rates
Money owed another
- loanBorrowed money repaid later
- mortgageSecured home loan
- interestAttention, stake, or fee
- paymentFulfilling a financial obligation
principal · restructuring · refinancing · creditors · bondholders · default · forbearance · amortization
Binding pact between nations
- peaceFreedom from disturbance
- accordHarmony between parties
- ceasefireAgreed halt to fighting
- boundariesLines marking separation
sanctions · tariffs · trade · alliance · sovereignty · territorial · bilateral · multilateral
Lines marking separation
- expectationsBeliefs about future outcomes
- rolesPositions or functions held
- responsibilitiesDuties one must fulfill
- commitmentsPromises requiring follow-through
dynamics · power · balance · compromise · communication · understanding · arrangement · division
terms
Conditions of an agreement
- agreementShared position between parties
- contractEnforceable written agreement
- dealAgreement or distribution
salary · lease · treaty · settlement · conditions · provisions · clauses · pricing · rates · deadlines
debt
Money owed another
payment · principal · restructuring · refinancing · creditors · bondholders · default · forbearance · amortization · collateral
treaty
Binding pact between nations
boundaries · sanctions · tariffs · trade · alliance · sovereignty · territorial · bilateral · multilateral · summit
boundaries
Lines marking separation
- expectationsBeliefs about future outcomes
- rolesPositions or functions held
- responsibilitiesDuties one must fulfill
commitments · dynamics · power · balance · compromise · communication · understanding · arrangement · division · priorities
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