renegotiation
UK[ˌriːnɪˌɡəʊʃiˈeɪʃən]US[ˌriːnɪˌɡoʊʃiˈeɪʃən]
n
the act or process of negotiating again in order to change the original terms of an agreement.
n
a new set of terms agreed upon after such a process.
Morpheme Breakdown
re
negotiation
re
again
negotiation
act of negotiating
Etymology
the word "renegotiation" is a modern english formation built upon the established noun "negotiation." the prefix "re-," of latin origin, is productively attached to verbs and nouns to indicate repetition or a return to a previous state. the core word "negotiation" itself has a rich history, descending from the latin negotiatio, which referred to business activity. this latin term derived from negotiari, "to carry on business," a compound of neg- (a form of nec, meaning "not") and otium ("leisure, ease"). thus, the original sense was "the absence of leisure," implying busyness or engaging in work. the modern abstract meaning of formal discussion to reach an agreement evolved from this commercial context. therefore, "renegotiation" logically carries the sense of "engaging again in the busy work of discussion" to alter an existing deal.
Analysis
Structure: re (again) + negotiation (act of negotiating)
re- (latin origin, a prefix meaning "again" or "back"), negotiation (from latin negotiatio, the act of conducting business, with the core root neg- meaning "not" and otium meaning "leisure").
Examples
the union demanded a renegotiation of the contract after the company's profits soared.
the treaty included a clause allowing for its renegotiation every ten years.
the actor's sudden fame led to a successful renegotiation of his film salary.