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Renegociate for Dummies

verb


What does Renegociate really mean?

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Renegociate is a word that might sound a bit complicated at first, but I assure you it's not as hard as it seems! So, let's break it down together.

First, renegociate is a verb, which means it's a word that shows an action or a state of being. When we use the word renegociate, we are talking about the act of negotiating again or revising an agreement that was previously made. In other words, it's like giving something a second chance or going back to the drawing board to discuss and make changes to what has been agreed upon.

Think of it this way: Imagine you and your friend are planning a picnic, and you both agree that you will bring sandwiches and drinks. But then, you find out that your friend is allergic to bread, so you need to talk it over and make a new plan. That process of going back and discussing, revising, and finding a new solution is what we call renegociating.

Now, let's dive a little deeper into the word renegociate. It can also refer to changing the terms of an agreement, contract, or deal that has already been made. This usually happens because one or both parties involved feel that the original terms are no longer fair or suitable. So, they come together again to talk and make adjustments to ensure everyone is satisfied.

To put it in another way, it's like when you and your siblings are sharing a box of cookies. Initially, you agreed to take turns and have two cookies each. But then, one of your siblings realizes they have a big test coming up and needs extra cookies to help them study. So, instead of sticking with the original agreement, you all gather again and renegociate the terms of the cookie-sharing, allowing your sibling to have an extra cookie for a limited time until their test is over.

In a nutshell, renegociate means renegotiating or revising an agreement, contract, or deal that has already been made. It's like giving something a second chance or adjusting the terms to better suit the needs and interests of everyone involved. So next time you come across the word renegociate, remember that it's simply about talking things over, making revisions, and finding a new and fair solution.

Revised and Fact checked by Megan Brown on 2023-10-29 16:48:42

Renegociate In a sentece

Learn how to use Renegociate inside a sentece

  • When you buy a toy from the store but then find out it is broken, you can renegociate with the store to get a new one or your money back.
  • If you have too much homework and not enough time to do it all, you can renegociate with your teacher to get an extension on the deadline.
  • When you want to buy a car but the price is too high, you can renegociate with the seller to try and get a lower price.
  • If you have a contract with a phone company but you're not happy with the plan, you can renegociate with them to change the terms and get a better deal.
  • When you have a disagreement with a friend about which game to play, you can renegociate by finding a compromise that makes both of you happy.

Renegociate Synonyms

Words that can be interchanged for the original word in the same context.

Renegociate Hypernyms

Words that are more generic than the original word.

Renegociate Hyponyms

Words that are more specific than the original word.

Renegociate Category

The domain category to which the original word belongs.