The word "renegotiates" is spelled as /ri:niˈɡəʊʃieɪts/. It contains the prefix "re-", meaning to do something again, and the base word "negotiate", which means to discuss or arrange terms. The "g" in "negotiate" can be soft or hard depending on the speaker, which is why it is spelled with "gi" instead of just "g". The suffix "-ates" is added to turn the verb "negotiate" into its third person singular form. "Renegotiates" means to discuss or arrange terms again, typically in regards to a contract or agreement.
The term "renegotiates" is a verb derived from the noun "renegotiation." It refers to the act of revisiting, modifying, or altering the terms or conditions of an agreement, contract, or deal between two or more parties. Renegotiation often occurs if there is a need to make changes due to unforeseen circumstances, evolving situations, or dissatisfaction with the current arrangement.
In the context of business or legal matters, "renegotiates" typically involves discussions, negotiations, and potentially reaching a new agreement or understanding. This process may include revisiting the terms of a contract, such as the scope, duration, pricing, obligations, or any other relevant factors. Parties involved engage in renegotiation to seek mutually acceptable adjustments that better align with their current needs, interests, or goals.
Renegotiating can take place in various scenarios, such as between an employer and an employee regarding salary or work conditions, between countries discussing trade agreements, or between companies discussing partnership terms.
The outcome of renegotiation can vary, ranging from minor adjustments to significant revisions, depending on the nature and scale of the original agreement. It is important to note that renegotiating does not guarantee that changes will be made or that an agreement will be reached; it simply reflects the process of engaging in discussions and negotiations to potentially modify the current terms of an existing agreement.
The word "renegotiates" is derived from the combination of two root words: "re" and "negotiate".
1. "Re-" is a prefix of Latin origin, meaning "again" or "back". It is used to indicate repetition, reversal, or restoration.
2. "Negotiate" comes from the Latin word "negotiatus" which means "done in the course of business". It is derived from "negotium" meaning "business" or "trade".
By combining these two root words, "renegotiates" is formed, representing the act of negotiating again or revising a previous negotiation or agreement.