Pronunciation: (rē"ni-gō'shē-āt"), [key]
—v., -at•ed, -at•ing.
1. to negotiate again, as a loan, treaty, etc.
2. to reexamine (a government contract) with a view to eliminating or modifying those provisions found to represent excessive profits to the contractor.
1. to negotiate anew.
2. to reexamine the costs and profits involved in a government contract for adjustment purposes.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.