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Definitions from the Web

Renegotiable

Description:

Renegotiable is an adjective that describes something that can be renegotiated or changed in terms or conditions.

Senses:

1. In the legal context, renegotiable refers to a contract or agreement that allows revisions or modifications to its terms.
2. In financial terms, renegotiable often describes a loan or debt instrument that can be adjusted or extended through a new agreement.

Usage examples:

Sense 1:

- The lease agreement between the landlord and tenant is renegotiable after the initial term.

- The company's union is pushing for a renegotiable contract to address the concerns of its members.

Sense 2:

- The bank offers a loan with renegotiable terms, allowing borrowers to adjust their payment schedule.

- The government decided to issue renegotiable bonds to manage their debt obligations more effectively.

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